Ethereum
April 17, 2025 Perspective
From the hourly chart, the Bollinger Bands are opening upwards, corresponding to a range of 1602-1554, with the middle band trending upwards at a corresponding price of 1578. The current coin price range is experiencing fluctuations with a slow upward trend.
The 5-day moving average and the 10-day moving average are crossing with a dead cross upwards; the closing price corresponding to the 5-day moving average is 1584, while the 10-day moving average corresponds to a price of 1578. The MA5 is flattening, indicating a trend of downward correction.
The MACD fast and slow lines are crossing with a golden cross, indicating an upward trend with fluctuations.
The RSI golden cross is trending upwards, corresponding to values of 93.7-88.6, currently in the overbought phase with fluctuations and upward trends.
From the price volatility perspective, Ethereum's low point yesterday was at 1550.
Above, there are resistance levels at 1600 and 1615, while below, there is support at 1565. Currently, from the candlestick chart, it shows a range fluctuation with a slow upward trend.