Ethereum (ETH) Bullish as MAs Turn Into Support, Litecoin (LTC) Price Bearish, Failing at the 200 Daily SMA

Ethereum was looking pretty bullish and it was leading the cryptocurrency market for some time, before the major crypto crash in May. Even after the crash ended, Ethereum has been showing resilience, as it gained around 250% from July’s low until early September, when it broke above the $4,000 level.

The second crypto crash in September took its toll on all cryptos, and Ethereum retreated below $3,000, but nothing can keep a good cryptocurrency down. The 100 SMA (green) held as support on…

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