$ETH The momentum of ETH on Binance currently shows some positive signals, with the price trading at $3,124.38, down by 1.18%.
*Factors Influencing:*
- *Selling Pressure*: Continued selling pressure on ETH.
- *Technical Indicators*: Indicate bullish momentum, with RSI at 60 and MACD in the positive zone.
- *Strong Support*: Holding $ETH around the $3,000 level.
*Technical Analysis:*
- *RSI*: Is around 60, indicating bullish momentum.
- *MACD*: Shows a bullish crossover, reinforcing the upward trend.
*Future Predictions:*
- If the current momentum continues, ETH's price may reach higher levels, such as $3,600-$3,650.
- If ETH loses the support level, it may drop to lower levels, such as $2,800-$2,900.
Remember that the cryptocurrency market is volatile, so you should do your own research and consult a financial advisor before making any investment decisions. ¹ ²
ETH
3,127.48
+1.45%
