$ETH [TECHNICAL ANALYSIS – ETH/USDC]

Timeframe: 1h

Trend: Strong Uptrend

Sentiment: Bullish

Key Data:

• Price: $1798.90 (+5.55%)

• 24h High: $1837.09 | Low: $1684.99

• EMA(7): 1796.47 | EMA(25): 1767.37 | EMA(99): 1677.54

• RSI(12): 62.54 (Neutral-Bullish)

• Volume: Increasing, currently over 1.6B USDC in 24h

Highlights:

ETH has shown a powerful rebound from the $1535 support zone and surged nearly 20% in two days. The 1-hour chart shows a clear bullish EMA crossover, and all major EMAs (7, 25, 99) are aligned upwards. The RSI is nearing overbought levels but still has room for more upside. Volume confirms strong buyer activity, with a peak above $1837 suggesting another test of resistance might be near.

Conclusion:

If ETH holds above $1760 support, continuation toward $1850–$1900 is likely. Watch for a breakout above $1837 with volume confirmation.

#ETH #CryptoAnalysis #MarketRebound