The graph below shows the price movement of the $ETH ETH/USDT pair from 2022 to 2025. When we examine the chart and the current time (July 12, 2025), we see that it is currently trading at the level of 2,972.11 USDT and has experienced a slight decline of 0.47% in the last 24 hours. However, it has recently reached the level of 2,972.11 USDT with a significant increase (+15.63%).
The last candles on the chart seem to indicate an upward trend, and the price is hovering above the middle line of the Bollinger Bands. The MACD indicator is also in the positive zone and supports the upward trend. The RSI is at 59.95, which indicates that the market is not in the overbought or oversold zone and signals room for upward movement.
Based on this data, an upward movement can be expected in the short term. However, markets are always volatile, and it is important to conduct further analysis and assess risks before making any investment decisions.
⚠️This is not investment advice.
