According to Cas Abbé on Twitter, Ethereum (ETH) has reclaimed its 5-year support trendline after a brief deviation, signaling renewed strength in the price action. The recovery coincides with a recent bullish MACD cross, historically a strong indicator of potential trend reversals in crypto trading. Cas Abbé notes that this technical setup could mark the beginning of an ETH reversal, which is crucial for traders watching for momentum shifts and long-entry signals. These developments are significant for cryptocurrency market participants seeking to capitalize on ETH's price movements, as confirmed by Cas Abbé's technical chart analysis (Source: Twitter, @cas_abbe, May 13, 2025).

According to Cas Abbé on Twitter, ALGO is nearing a weekly MACD bullish cross for the first time since September 2024, signaling a potential trend reversal (source: @cas_abbe, May 6, 2025). The relative strength index (RSI) has recently retested a strong support level, suggesting that a market bottom may be in place. Traders are watching for a weekly close above $0.25, which could validate a bullish breakout and potentially lead to a repeat of the Q4 2024 rally. This technical setup is drawing significant attention from crypto traders seeking high-probability entries and could impact broader sentiment in altcoin markets.

According to Cas Abbé, ALGO is showing a bullish mid-term outlook with a MACD bullish cross expected to occur soon. The Relative Strength Index (RSI) is also poised to break out from its Q4 downtrend. These technical indicators suggest a potential upward price rally.