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In the aftermath of reaching above the 2,500.00 level, the ETH/USD exchange rate started a retracement back down. It can be observed on the daily candle chart that the rate's declines from new all-time-high levels occur in a similar matter. Namely, the price slightly declines below the 50-day simple moving average before resuming its 2021 surge. A potential decline could look
Almost immediately after booking a new all-time high, the price for Bitcoin started a sharp retracement back down. A retracement of such kind for the crypto is not unusual. However, this time the decline passed below the 50-day simple moving average, which had been pushing the rate up since October 18. It signals the the trend of the late
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