ETHUSD is holding support in the form of an old prior high and the 200-day moving average near 208.

As ETHUSD moves sideways, it is relieving a short term overbought condition. Once the 14-day RSI falls to a more neutral level, that could be the trigger for the ETHUSD up move to resume.

Bottom Line: That means if ETHUSD range trades for a few days, the uptrend should be ready to restart.

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