Ethereum [ETH] and BNB, both showed signs of recovery, but the trend might in the coming days as there were chances of a trend reversal
As the crypto market revived, altcoins have also shown immense promise. However, an analysis revealed that this uptrend might be short-lived.The last week was in investors’ favor as most cryptos witnessed bullish rallies, which can be attributed to the change in the market trend.tweetWill ETH and BNB’s bull rally end?
The technical indicator MACD displayed the possibility of a bullish crossover for Ethereum. The Chaikin Money Flow also registered an uptick, indicating a price increase.Next, AMBCrypto took a look at BNB’s daily chart. Similar to ETH, BNB’s market indicator looked pretty optimistic. For instance, the RSI took a northward route.The technical indicator MACD displayed the possibility of a bullish crossover, indicating a continued price rise.
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