📈LONG: $ETH (1H)

#ETHUSDT | #ETH | #Ethereum

Current Price $2482.22

Market Cap $300.15B

Change 1h -0.75% | 24h +3.50%

Hourly Indicators:

• RSI: 44 - Neutral 🟠

• MACD: 8.26 - Bullish 🟢

• EMA: 2504 - Trading Below 🔴

Analysis:

Ethereum's chart shows a promising uptrend with potential corrections. The price is currently near the $2,487 mark, hovering around a support/resistance zone at $2,420. This area offers a potential buying opportunity as traders watch for further bullish momentum.

Price Targets:

If the uptrend continues, look for targets around $2,650 and potentially $2,750. A fall below $2,420 might trigger a bearish phase, so trade with caution. Keep an eye on these key levels and stay informed!