$ETH 🚀🤑💚 Strong Rise Breaks Momentum Barrier
Ethereum Analysis (ETH/USDT):
- Current Price: $3829.88 ¹
- Current Momentum: Positive ²
- Price Direction: Upward ²
Technical indicators suggest:
- Simple and Exponential Moving Averages show an upward trend.
- Relative Strength Index (RSI) indicates a neutral trend with an upward bias.
Support and resistance levels are:
- Support Level: $3620
- Resistance Level: $3940
Forecasts indicate the possibility of continued upward movement if the resistance level of $3940 is breached, with the potential to reach higher levels like $4500 by the end of the year.
