📌 Current Price Action
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$ETH has largely been trading around the $3,000 – $3,200 range, showing sideways consolidation after recent swings. Analysts see the neutral trend as a build-up for a potential move. �
CoinCodex
📊 Technical Indicators
• The RSI (Relative Strength Index) is in neutral territory with room for buyers to push momentum higher. The MACD is forming signs of a potential bullish crossover, suggesting buyers could gain control soon. �
• ETH is holding above its 20-day moving average, hinting at short-term support, but needs volume strength above resistance (~$3,177.5) to confirm a clearer rally. �
MEXC
MEXC
📈 Price Targets & Predictions
• Short-term forecasts project ETH could move toward the $3,400 – $3,660 zone if key resistance breaks. �
• Longer-term models suggest upside potential above this range if bullish catalysts — like wider adoption of staking or institutional interest — return. �
CoinCodex
DigitalCoinPrice
📌 Market Sentiment & Risks
• Market sentiment remains mixed-to-neutral, with bulls watching resistance zones and bears ready to defend them. �
• If ETH fails to hold critical supports, a pullback toward lower support levels may occur before clarity returns. �
CoinCodex
MEXC
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