$ETH chart (4H timeframe, ETH/USDC). Let’s break it down for a short-term prediction using technical indicators:
🔍 Current Price:
$3,579.20
(Ticking slightly down from earlier $3,581)
📊 Technical Indicator Breakdown (4H Chart)
1. Exponential Moving Averages (EMA):
EMA(9): $3,600.91 (above price)
EMA(21): $3,593.31 (above price)
EMA(50): $3,619.26 (further resistance)
Interpretation:
Price is now below all 3 key EMAs, indicating short-term bearish pressure.
The EMAs are turning into resistance levels.
Unless ETH reclaims ~$3,600 quickly, further downside is likely.
2. MACD:
DIF: +0.70
DEA: -6.50
MACD Histogram: +7.20
Interpretation:
Still technically bullish, but losing momentum.
Histogram is decreasing — potential MACD bearish crossover ahead.
Signaling a fading recovery.
3. Stochastic RSI:
Current: 37.57
MastoStoch: 41.88
Interpretation:
Both lines heading down from overbought zone.
Suggests momentum is weakening, with more downside likely short term.
4. Support & Resistance Levels:
Immediate resistance: ~$3,593 (EMA21), ~$3,600–$3,620 (EMA50)
Support: $3,545 (24h low), then $3,443 and $3,354 (recent swing low)
🧭 Short-Term Prediction (Next 12–36 hours):
📉 Bearish Bias (60% probability):
Price likely to test $3,545, potentially dipping toward $3,500–$3,450 zone if bearish pressure continues.
Watch for MACD crossover and further Stoch RSI decline as confirmation.
🔄 Consolidation Scenario (25%):
If $3,545 holds, price may range between $3,545 and $3,600.
Sideways chop likely until a clear volume breakout.
📈 Recovery Attempt (15%):
If ETH reclaims $3,600+ with volume, it may retest $3,674–$3,690.
This would require a bullish catalyst or broader market support.
✅ Conclusion:
ETH is currently struggling under resistance, showing waning bullish momentum on the 4H chart.
Keep an eye on $3,545 — a break below that could trigger more selling.
No buy signal yet unless it closes back above $3,600 with volume.
