#ETH Ethereum's current price is around $2,420, with a 1.18% decrease in the last 24 hours. Technical analysis suggests a bullish trend, but with some indicators signaling a bearish momentum.
Key Price Levels:
Support Levels: $2,386.32 (24-hour low)
Resistance Levels: $2,519.62 (24-hour high), $2,850 (key level)
Market Sentiment:
The current sentiment is neutral, with some traders expecting a breakout above $2,850 or a drop toward $2,400. Middle East war tensions are contributing to market uncertainty ¹ ².
Technical Indicators:
RSI: Neutral signal
Moving Averages: Buy signal (1 week), neutral signal (short-term)
MACD: Bearish signal
Keep in mind that cryptocurrency markets are highly volatile, and predictions can vary depending on various factors ³ ⁴.