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Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price

  • The taker buy/sell ratio for Ethereum is rising, indicating a potential bullish signal for the altcoin.
  • The 30-day SMA of the taker buy/sell ratio has been increasing, suggesting a decrease in bearish pressure.
  • If the taker buy/sell ratio continues to rise, it could lead to a price rally for Ethereum.
  • Despite a slight decline in the past 24 hours, Ethereum's price is still up by over 3% on the weekly timeframe.

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