Ethereum is in a strong bullish position, but beware of a slight correction due to RSI nearing overbought levels. Watch for a break of 1,835 or a bounce from 1,680!
⚡Prepare to ride the upward wave but with a smart stop loss! ⚠️ If it retreats below 1,680, test support at 1,650.
📈 Price Action:
- Rocketing up over the past 24 hours to 1,834.86!
- Strong support at 1,683.66 (24h low).
- Moving averages indicate an upward trend**:
- MA(7) above MA(25) → Positive short-term momentum.
- MA(99) at 1,651.75 → Strong long-term support.
💹 Technical Indicators:
- RSI(6) at 64.88 → Close to the **overbought** zone, but has not yet reached 70 (indicating a continuation of the rise).
- MACD is negative (-5.17) but DIF and DEA are close → Likely positive reversal soon!
📊 Trading Volumes:
- 1.07M ETH and 1.90B USDT in 24 hours → **High liquidity and significant interest**!
🎯 Forecasts:
- 🚀 If the price breaks 1,835, the new target is 1,900.
36305739436#ETH🔥🔥🔥🔥🔥🔥