$ETH
📈 Current price and market situation
Currently, Ethereum (ETH) is trading around $1,826, which represents an increase of about $2.67 (0.15%) compared to the previous close. During the day, the price fluctuated between $1,822 and $1,866. These increases are partially attributed to the purchase by BlackRock of 10,955 ETH worth $20.1 million, which has boosted investor confidence and institutional demand.
Support and resistance levels: The $1,800 area has become a key support, while the nearest resistance is around $1,850–$1,900.
Technical indicators: On Investing.com, the technical analysis for ETH/USD indicates a "Strong Sell" signal based on moving averages and technical indicators.
Candlestick patterns: A "Dragonfly Doji" pattern has appeared on the monthly chart, which has historically signaled strong reversals of the upward trend.
Trade wisely. The market does not forgive. Feel free to like and follow.
