Analyst: ETH will show strong resistance after rising to $ 440

On February 14, Edward Moya, senior market analyst at online forex broker Oanda Corp, warned in an interview with Bloomberg that the huge increase in ETH in 2020 now appears to be unstable. He added that if ETH's upward momentum continues, it is expected to see "strong resistance" around $ 440. In addition, the General Strength Indicator shows that ETH is at its most overbought level since May 2019.