ETH CPI trading above its SMA14 while sitting in the green zone signals that U.S. investor sentiment — particularly whales — is leaning toward buying. In fact, since this metric triggered its alarm, Ethereum has rallied up to 22%, reaching $2,400.

ETH is currently trading at $2,289. As long as CPI stays in positive territory and above the SMA14, the upward price action can be expected to continue.

Written by burakkesmeci