$ETH Technical Analysis of Ethereum (ETH)
#defi #ETH๐ฅ Support Levels:
* $3350
* $3300
Resistance Levels:
* $3450
* $3500
Other Technical Indicators:
* Relative Strength Index (RSI): 62
* Moving Averages: the price is trading above the 50-day moving average.
Summary:
Ethereum shows positive momentum, but it needs to break the resistance at $3450. Breaking the support level at $3350 may indicate a potential correction.
Always remember that these are just analytical numbers, and the cryptocurrency market is highly volatile.