$ETH
1. Current Price
Price: 2,728.49 USDT
24 Hour High: 3.45%
Last Peak: 2,788.88 USDT
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2. Moving Averages MA
MA(7): 2,672.15 (Bullish – price is above)
MA(25): 2,604.80 (Bullish – price is above)
MA(99): 2,562.40 (Bullish – price is above)
🔹 The price is above all moving averages, indicating a current upward trend.
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3. Relative Strength Index RSI
RSI(6): 66.71
RSI(14): 63.78
RSI(24): 60.39
🔹 All RSI readings indicate strong upward momentum, but they have not yet reached overbought levels (>70), meaning there is room for more upward movement.
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4. MACD
DIF: 37.67
DEA: 27.04
MACD Histogram: 10.63 (Positive)
🔹 Clear bullish crossover between DIF and DEA, with increasing green bars. This indicates increasing upward momentum.
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5. Candlestick Patterns
Recent candles show attempts to break resistance at 2,788 but the price faced selling pressure.
The last candle looks like a "rejection candle" near resistance, indicating the possibility of a slight correction or retest of support.
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6. Supports and Resistances
Important Support: 2,604 (MA25) and 2,559 (near MA99)
Important Resistance: 2,788 (last peak)
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Summary:
Current Trend: Bullish
Momentum: Strong
Resistance: Very close, and we may see a slight correction before attempting to break it again.
If 2,788 is broken with a 4-hour or daily candle close, the price may target the level of 2,850 then 2,900.
