Ethereum price analysis: ETH to retest $3,300

TL;DR Breakdown Ethereum price analysis reveals that ETH is ready to retest $3,300 high.Current support is found at the $3,225 mark.Current resistance is found at the $3,275 mark. Ethereum price analysis reveals that the queen of cryptocurrency is going in to retest the $3,300 high while the king Bitcoin is readying up to test the $50,000 mark. In the past 24-hours alone, the queen has been up by 0.35 percent and 0.43 percent in the past seven days. The queen is closely following the king’s movement for the past few days, as observed earlier as well. At the time of writing, Ethereum is trading hands for $3,271.77 while the price is fluctuating between the $3,269 and $3,272 marks. ETH/USD 1-day candlestick price chart reveals bullish momentum The one-day Ethereum price analysis reveals that the cryptocurrency is following Bitcoin into bullish momentum. The upper Bollinger band is found at the $3,390 mark serving as the strongest resistance. Whereas the lower Bollinger band is at the $3,007 mark, serving as the strongest support level. ETH/USD 1-day price candlestick chart. Source: Trading View The nine-day moving average (SMA 9) is found at the $3,230 mark, also serving as a strong support point along with the Bollinger bands’ average found at the $3,198 mark. The relative strength index (RSI) is found at the 59.09 mark, way below the overbought zone. This RSI score is providing ample opportunity to the bulls to t...