ETH/USD is currently up above 25% from July lows of $1300 and trading at $1700, where it bounced back from its 365-day Moving average. If we draw an anchored VWAP from its covid lows, ETH is trading below its VWAP of $1800 and consolidating. Also, ETH has broken its downward trend line when we draw a trend line from its April high. It would be interesting to see its move in the coming week, as we also notice a divergence drawn on the 14-day RSI, with my target at the 50-day moving average at $1600.
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