#Ethereum is showing strong upward momentum right now. The current price is $2,429.95, with a solid 7.64% gain in the last 24 hours. It recently touched a high of $2,449.14, showing buyers are still in control.
📈 Trend & Moving Averages:
$ETH is trading above all key moving averages (7, 25, and 99), which is a bullish sign. Even better, the MA(7) has crossed above the MA(25) and MA(99) — this is called a golden cross, a strong sign of an uptrend.
🔥 Volume Insight:
Volume has been picking up during green candles, confirming buyer strength. Lately, volume is steady but slightly lower, which may suggest some consolidation before the next breakout.
🧱 Support & Resistance Levels:
🔼 Resistance: $2,449.14 — if this breaks, we might head toward $2,500+
🔽 Support: $2,404.75 (short-term), and stronger supports at $2,339.19 and $2,289.84
📉 Price Action:
$ETH is forming higher highs and higher lows, which usually signals a bullish continuation. Although there was a small pullback from the recent high, the overall structure still favors the bulls.
✅ Bullish Signs to Note:
Golden cross (short-term MA crossed long-term)
Price above all MAs
Volume backing the uptrend
Strong recovery from $2,188.00
⚠️ But Watch Out For:
If $ETH struggles to break and hold above $2,449, it could dip back
A drop below $2,404 or $2,378 might slow momentum
📌 My Final Take:
$ETH is looking bullish on the 1-hour chart. If we can break and hold above $2,449, we could see a move toward $2,500+ soon. Still, it’s smart to watch support levels closely in case of short-term dips.
