Ethereum
April 19, 2025 Perspective
From the hourly chart, the Bollinger Bands are opening and closing, corresponding to the range of 1597-1581. The middle band is trending upwards at a corresponding price of 1589. The current price of the coin is in a range of oscillation and consolidation with a slow growth phase.
The 5-day moving average and the 10-day moving average have crossed into a death cross, with the upward 5-day moving average closing at a corresponding price of 1589, while the 10-day moving average corresponds to a price of 1591. The market is oscillating and consolidating.
The MACD fast and slow lines have crossed into a death cross, with bearish volume gradually weakening, and the fast line is beginning to close, indicating a slight rebound trend.
The RSI golden cross is trending upwards, corresponding to values of 42-30, showing a slight rebound in the market.
From the perspective of price fluctuations, Ethereum's low point yesterday was at 1572.
There is price resistance at 1615 above and support at 1570 below. Currently, from the candlestick chart, it appears to be in a range of oscillation and consolidation.
