$ETH Technical Highlights

RSI (Relative Strength Index)

Ethereum’s RSI (14) reads around 55–56, suggesting it’s in neutral territory with slight bullish bias—neither overbought nor oversold  .

MACD (Moving Average Convergence Divergence)

The MACD indicator is positive: the MACD line sits above the signal line across platforms like Investing.com and TipRanks, signaling growing bullish momentum   .

Volume & Network Activity

ETH recently broke through the $4,300 resistance mark, supported by a surge in network activity (over 1.74 million daily transactions) and a major short squeeze that propelled momentum higher .

Moving Averages & Technical Ratings

Platforms like Bitget and Investing.com signal strong buy sentiment overall. Many moving averages (10-day, 20-day, 50-day, etc.) are bullish, reinforcing price strength   .

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Strongest Bullish Signal

The standout is ETH’s breakout above $4,300, fueled by exceptional network activity and echoing robust MACD momentum.

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Likely Local Target Range

Given the recent momentum, $4,400–$4,500 appears to be a realistic near-term target zone, aligned with technical strength and recent resistance dynamics.