Ethereum
April 17, 2025 Perspective
From the hourly chart, the Bollinger Bands are opening upwards, corresponding to a range of 1602-1554. The middle band is trending upwards, corresponding to a price of 1578. The current coin price is in a range of oscillation and consolidation with a slow upward trend.
The 5-day moving average and the 10-day moving average have crossed, with the 5-day moving average closing corresponding to a price of 1584, and the 10-day moving average corresponding to a price of 1578. The MA5 is flattening, indicating a downward correction trend.
The MACD fast and slow lines have crossed golden cross, indicating an upward trend with oscillating increases.
RSI golden cross upwards, corresponding values 93.7-88.6 are currently in the overbought phase with oscillating increases.
From the perspective of price fluctuations, Ethereum's low point in the early morning was 1535.
Above at 1601, there is a price resistance level, and below at 1535, there is a support level. Currently, from the four-hour candlestick chart, it is in a phase of oscillation and consolidation with a slight downward trend.
