Technical analysis by CryptocurrencyBlot about Symbol ETH: Buy recommendation (8/17/2024)

I think Ethereum is headed in the direction of the black neutral zone area as seen in the auto fib retracement indicator. The 50 day and 100 day moving average lines show Ethereum headed towards the neutral zone. Due to the neutral zone being above the price, I think the price of Ethereum is going to gain in price.