๐น Current price: 2,923.81 USD (+3.39%) ๐น Highest price in 24 hours: 2,997.18 USD ๐น Lowest price in 24 hours: 2,774.93 USD ๐น Daily trading volume: 577.31 million USDT
๐ Technical indicators
MACD shows a slight positive crossover:
DIF: -46.145
DEA: -56.152
MACD Histogram: +10.007 This indicates the beginning of an improvement in bullish momentum, but it is still below the zero line, requiring additional confirmation.
RSI and KDJ in neutral to positive zones, supporting the likelihood of a short-term upward continuation.
๐ Potential scenarios
Bullish scenario: Continued positive momentum may push the price to test 3,156 then 3,689, provided support is maintained at 2,774.
Bearish scenario: Breaking the level of 2,774 may bring the price back towards 2,622 or lower, especially if the MACD reverses again.
๐ก Summary: Ethereum shows initial positive signals, but needs confirmation through breaking the next resistance. Close monitoring is essential before making any trading decision.
๐ Share your opinion in the comments, and do you expect a breakout above 3,000 soon? ๐ Follow us for accurate and updated daily analyses!
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