$ETH
đ Current ETH/USDC Analysis (12h chart)
Price:Â $3,601.72
24h Change:Â -2.24%#
24h High/Low:Â $3,737.77 / $3,554.90
Volume (ETH):Â 336,226.70
Volume (USDC):Â 1.22B
đ Technical Indicators
EMA (Exponential Moving Averages):
EMA(9):Â $3,609.37
EMA(21):Â $3,626.49
EMA(50):Â $3,479.89
†The price is currently below EMA(9) and EMA(21), suggesting short-term bearishness, but still above EMA(50), which can act as support.
MACD:
MACD Line:Â -17.54
Signal Line (DEA):Â 19.33
DIF:Â 1.79
â€Â MACD is negative and below the signal line, indicating downward momentum, though it's trying to converge, which might suggest a possible reversal.
Stochastic RSI:
%K:Â 56.29
%D:Â 49.51
†Mid-range â neither overbought nor oversold. May indicate sideways movement or potential bounce depending on momentum.
Volume:
Recently lower volume, suggesting weakened buying pressure.
đźÂ Short-Term Forecast
The recent recovery to ~$3,600 faced resistance around the EMA(9) and EMA(21), and the current candle shows some selling pressure again.
If the price drops below the 50 EMA ($3,479), we could see a retest of the $3,400â$3,470 support zone.
If bulls regain strength and push above $3,630, there is potential to revisit $3,730â$3,940 (previous local top).
â Â Bullish Scenario
Price reclaims EMA(9) and EMA(21)
MACD crosses back above signal line
Volume increases with green candles
â Bearish Scenario
Breakdown below EMA(50) (~$3,480)
MACD stays negative and diverges downward
Stochastic RSI turns down
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