ETH above $1,200, as markets await U.S. consumer confidence report.
Following a low of $16,054.53 to start the week,This surge saw bitcoin climb from its aforementioned price floor $16,175, which has been in play since earlier in the month of November.Looking at the chart, although prices have surged, it will be a test to see if this momentum can be maintained, due to the relative strength index colliding with a ceiling.
As of writing, the index is hovering marginally above a ceiling of 41.00, with a current reading of 41.12. Should price strength continue in an upward direction, we could see more bulls entering the market, taking
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