๐งต Technical Analysis on $ETH / $USDT (as of May 19, 2025) Letโs break down what the charts are telling us ๐
๐ Price Snapshot ETH is trading at $2,437.36, down slightly (-0.039%). Short-term sentiment looks shaky, letโs explore further.
๐ Moving Averages (MA)
20-day MA: $3,350.46
50-day MA: $3,471.12
100-day MA: $3,012.03
200-day MA: $3,088.36
Price is below all major MAs โก๏ธ bearish bias across all timeframes. Ethereum
๐ Oscillators
RSI: 44.52 (bearish-neutral)
Stochastic %K: 53.79
MACD: -8.354
Momentum is fading. RSI below 50 = sellers in control.
MACD negative = downward trend gaining strength.
๐ Trend Recap
5-day: -5.11%
20-day: -6.06%
100-day: +32.63%
Short and mid-term: bearish.
Long-term: still bullish overall ๐
Support: $2,414
Resistance: $2,725
Watch these levels. A break below $2,414 could accelerate losses. A move above $2,725 could revive the bulls. ETHUSDT
Trend = Bearish in short/medium-term
Momentum = Weak
Long-term gains still intact
Monitor $2,414 (support) & $2,725 (resistance)
๐ Be cautious, but stay alert for a reversal.