$ETH
ETH/USDC 4-hour chart
Current Market Overview:
Price: $4,330.26
Recent High: $4,350.45
Recent Low: $3,955.45
24h Volume: High volume at 160k ETH and 679M USDC
EMA Levels:
EMA(9): $4,246.76
EMA(21): $4,130.47
EMA(50): $3,944.86
Technical Indicators Analysis:
1. EMAs (Trend Strength)
The price is above all EMAs, with a strong alignment: EMA(9) > EMA(21) > EMA(50), indicating a bullish trend.
Price is slightly above EMA(9), showing continued momentum.
2. MACD
MACD Line (DIF): 131.95
Signal Line (DEA): 132.05
Histogram: -0.10 (slightly negative)
Suggests a potential pause or mild correction, as the MACD lines are very close.
3. Stochastic RSI
StochRSI: 54.81 (not overbought or oversold)
MastochRSI: 42.32
Momentum appears to be recovering after a dip, possibly signaling a continuation upward.
4. Candlestick Structure
Multiple green candles in a row show bullish pressure.
However, the wick on the last candle at $4,350.45 shows some resistance at the top.
Short-Term Prediction (Next 12–24 Hours)
Bullish Scenario:
If ETH breaks and closes above $4,350.45 (recent high), expect a continuation toward $4,400–$4,500.
Volume needs to remain strong to support this move.
Bearish/Correction Scenario:
If it fails to break resistance, ETH could pull back to:
EMA(9): ~$4,246
Possibly to EMA(21): ~$4,130 for a stronger retest before moving up again.
Summary:
Bias: Moderately Bullish
Immediate Resistance: $4,350
Support Levels: $4,246 and $4,130
Action Zone: Watch price reaction at $4,350 — a breakout could trigger FOMO buying.
