Technical analysis and forecast on #ETH
๐ August 3, 2025 โ 21:34
โ Price: 3,510.20 USDC
๐ 24h Change: +2.55%
๐ 24h Low: 3,354.07
๐ 24h High: 3,516.75
๐ Technical Indicators Overview:
1. EMA (Exponential Moving Averages):
EMA(9): 3,601.11
EMA(21): 3,500.59
EMA(50): 3,155.64
๐ EMA(9) is below EMA(21), suggesting a short-term bearish trend or pullback.
2. MACD:
DIF: 164.99
DEA: 234.44
MACD Histogram: -69.45
๐ MACD is currently bearish, but the decreasing histogram suggests weakening downward momentum.
3. Stochastic RSI:
Stoch RSI: 4.53
Signal: 1.94
๐ This is deep in the oversold zone (<20), indicating a possible short-term rebound.
4. Volume:
Volume is declining, which often suggests that selling pressure is fading.
๐ฎ Forecast / Scenarios:
๐ Short-Term (Next 3โ5 Days):
๐ Likely sideways movement between 3,450 and 3,600 USDC.
๐ข If the price holds above EMA(21), it could retest 3,630โ3,700.
๐ด If it breaks below 3,450, next supports: 3,228, then 2,826.
โ Trading Outlook:
Buy Opportunity: If price consolidates above 3,500 and EMA(9) turns upward
Scalp Trade Long: Possible due to oversold Stoch RSI โ target: 3,600+
Stop-Loss (Short-term trades): Below 3,450 USDC
