📈 Technical Analysis — ETH/USDT (1h)
$ETH @Ethereum @Ethereum World News
Current price: $3,399.46
Variation: +0.99%
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🔍 Scenario Summary
• 24h High: $3,429.51
• 24h Low: $3,285.00
• Current Trend: Uptrend with renewed strength and potential breakout
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📊 Technical Indicators
1. Moving Averages
• MA(7): $3,346.88
• MA(25): $3,330.65
• MA(99): $3,157.82
🔸 The price is above the three main moving averages → strong uptrend.
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2. RSI (Relative Strength Index)
• RSI(6): 81.53 (overbought)
• RSI(12): 72.70
• RSI(24): 67.47
🔸 RSI indicates overbought condition — there is buying strength, but the asset may need a breather in the short term.
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3. Volume
• Increasing volume in the most recent bullish candle → entry of renewed buying strength, even with resistance at the top.
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🔑 Technical Points
• Resistance: $3,429.51 (recent historical high)
• Support: $3,346 (MA7) and $3,330 (MA25)
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✅ Conclusion
Ethereum (ETH) shows a well-structured continuation of the uptrend, with:
• Solid support at moving averages
• High RSI (overbought alert, but no reversal)
• Increasing volume in the breakout candle
It is one of the strongest assets in the analyzed set so far.
