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ETH Rebounds, Banker Joe Launch, Perps & CEX Coins

Oct 14, 2021 · 3 min read

By Jeremy Ong

ETH/BTC Rebounds From Key Support From Oversold Regions
After days of hovering at the bottom of the 0.06 to 0.08 range, ETH bounced from support rather abruptly to 0.066. Daily RSI14 also recovered from oversold levels (30), adding promise. While it’s too early to tell whether this is mean reversion or part of a larger move, ETH/BTC recovered strongly from this key support and could continue to range inside the yellow wedge drawn below.

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