$ETH Ethereum (ETH) Analysis for March 11:
Current Price
The current price of Ethereum is $5,844.59 [1].
Daily Change
Increase of 0.35% [1].
Weekly Change
Decrease of 14.00% [6].
Technical Analysis
- *Relative Strength Index (RSI):* Indicates that the market is in an overbought condition, which could lead to a price correction.
- *Moving Average Convergence Divergence (MACD):* Indicates that the market is in a buying condition, with a strong buy signal.
- *Trading Volume:* At $30.45 billion, reflecting high activity in trading the currency [6].
Important Technical Levels
- *Resistance Level:* 6