ETH/USDT Analysis - June 5, 2025
Current Price: $2,610.30 (+0.30%)
Volatility: 24-hour range $2,583.72 - $2,679.36
Technical Indicators:
- Positive MACD at 5.57, indicating a bullish signal
- Neutral RSI at 48.2, potential for a rebound
- Moving Averages showing a strong short-term trend
Prediction:
ETH is moving sideways with bullish potential if it holds above $2,600. Next targets at $2,625 (resistance) and $2,680 (24-hour high).
Recommendation:
- Buy zone above $2,610 with stop loss at $2,580
- Caution if RSI exceeds 50 (overbought)
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