The current price is $1798.40 with recent upward momentum. It is trading above the short-term moving averages (EMA 7 and 25), indicating a bullish trend in the short and medium term. The MACD indicator shows weakening downward momentum with green bars appearing, which may signal a bullish crossover. The main resistance is around $1834.86, and breaking through it could push the price higher. Support is around $1752.89.
In summary: bullish bias in the short term, with monitoring of the resistance level and MACD movement to confirm the trend.$ETH
This is not investment advice, do your own research.
