$ETH Based on the analysis of 17 technical indicators (6 recommendations to buy and 8 to sell), the forecast for the short-term perspective is bearish. The first major resistance to the upward trend for ETH is at the level of $3288. To continue growing, it is necessary to close above this level, while the lower support is located at $3149. Thus, if the price falls below $3149, we may see further decline. On the other hand, if the price can close above the level of $3288, it may rise to the next resistance level at $3516.

ETHUSDT

Perp

3,088.1

-3.39%

The 14-day Relative Strength Index (RSI) is currently at 59.20, indicating natural market conditions without oversold or overbought conditions. Similarly, the Relative Strength Index (RSI) on the weekly chart is 62.00, also indicating natural market conditions.

On the daily chart, the exponential moving averages indicate a bearish signal. The price of Ethereum is above the 10-day and 20-day exponential moving averages, but below the long-term 50-day, 100-day, and 200-day exponential moving averages.#ETH $BTC $ZEC