Ethereum, Shiba Inu, Terra Price Analysis: 12 January - Aliens: AI Crypto News & Markets Updates

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Ethereum, Shiba Inu, Terra Price Analysis: 12 January

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AMB Crypto

Wed, Jan 12, 2022

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Aliens TLDR

As the broader sentiment improves, the king alt recovered from the 61.8% Fibonacci support and crossed its 4-hour 20-SMA.

After poking its 15-week low on 10 January, ETH rebounded from the 61.8% Fibonacci support and grew by over 10.7% in the last two days.

Although the King alt was yet to reclaim the 50% support level, it found a close above the 20-SMA (red) and the $3,200 level.

The RSI was in an uptrend and finally crossed the 43-mark over the past day.

The RSI finally closed above the half-line and flashed a bullish preference.

Similar to ETH, the Volume Oscillator marked during the recent incline, hinting at a weak bullish move.

Since poking its three-week low on 8 January, the alt saw an impressive 24.11% recovery after rebounding from the 61.8% level.

LUNA regained the 50%, 38.2% support level and crossed the 4-hour 20-50-200 SMA.

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