$ETH Technical Analysis
Ether has recovered to $3,332, touching the breakout level of $3,350. This indicates strong buying pressure at lower levels. ๐
The 20-day EMA is sloping upwards, and the RSI is in positive territory. This signals that the bulls are attempting a comeback.
A close above $3,350 could pave the way for a rally to $3,659. The next potential target is $3,918. ๐
Sellers would need to push Ether below the 20-day EMA to maintain their advantage. If successful, $3,350 could become resistance, and the ETH/USDT pair might fall to $2,716. ๐
Information is for market updates, not investment advice.
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