ETH surges above $1,700 ahead of NFP report.
This led the 14-day RSI to move below its support point of 53, falling to a low of 50.95, which was also an interim floor.
As of writing, price strength has moved above this point, and is currently tracking at 56.80, with a ceiling of 61 waiting ahead.) also rebounded on Friday, as prices rallied above $1,700, wiping out declines from the previous two days of trading in the process. As of writing, the world’s second-largest cryptocurrency moved to a peak of $1,708.98 in today’s session, as bulls reentered the market.
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