📉 $ETH Analysis - March 12, 2025 📊
The current price of $ETH is $1,873.34, down 1.89% over the last 24 hours. Here are some key points to watch:
Important Levels:
24h High: $1,963.20
24h Low: $1,829.72
Volume:
24h Volume (ETH): 861,686.53 ETH
24h Volume (USDT): $1.64 billion
Technical Indicators:
EMA(50): $1,927.08
EMA(100): $1,987.80
EMA(200): $2,078.95
The market appears to be under pressure, with EMAs indicating a short-term bearish trend. The U.S. CPI report could also play a key role in upcoming price movements. If inflation shows signs of cooling, it could support crypto prices. However, persistent inflationary pressure may lead to increased volatility.
Trading Tips:
Watch support at $1,829.72 and resistance at $1,963.20.
A breakdown below support could indicate a continuation of the bearish trend, while a rebound above resistance might signal a potential recovery.
What do you think? Share your analysis and predictions for ETH/USDT in the comments! 💬
