💡 Quick technical analysis:
🔻 Sharp decline! ETH dropped by -4.08% to $2520.57 after reaching a peak of $2679.88 in the last 24 hours.
📉 Negative indicators dominate:
✅ RSI (6): 21.31 – has strongly entered the oversold zone! This indicates significant selling pressure, but it also means there is a chance for a near-term rebound.
✅ MACD: -7.15 and DIF: -16.19 – momentum is currently extremely negative, but if a positive crossover occurs, we may see a recovery.
✅ Current support level: The price approached today's low at $2506.86, which could form a potential reversal point if buyers intervene.
🔄 Moving averages:
MA(5): 28,703.44
MA(10): 34,187.08
→ The gap indicates that ETH is in a strong correction wave, but any upcoming crossover could be the beginning of a new uptrend.
$ETH
🚀 Expected scenario:
If the price manages to hold above $2506 and rebounds strongly, it may retest the resistance at $2597 -
But if support at $2506 breaks, we are talking about a potential drop towards $2468 - $2430!
$ETH
🔥 Is ETH ready to rebound?! With the current selling saturation and market pressure, we may be on the verge of a rare buying opportunity for bold speculators! 👀