$ETH Ethereum is in a strong bullish position, but beware of a slight correction due to RSI being close to overbought. Watch for a break above 1,835 or a bounce from 1,680!
⚡Prepare for the upward wave but with smart stop-loss! ⚠️ If it retreats below 1,680, test support at 1,650.
📈 Price Movement:
- Rocketing rise within 24 hours to 1,834.86!
- Strong support at 1,683.66 (24-hour low).
- Moving averages indicate an upward trend:**
- MA(7) above MA(25) → Positive short-term momentum.
- MA(99) at 1,651.75 → Strong long-term support.
💹 Technical Indicators:
- RSI(6) at 64.88 → Near the overbought zone, but has not yet reached 70 (indicating continued upward movement).
- MACD negative (-5.17) but DIF and DEA are close → Likelihood of a positive reversal soon!
📊 Trading Volumes:
- 1.07M ETH and 1.90B USDT in 24 hours → High liquidity and significant interest!
🎯 Predictions:
- 🚀 If the price breaks 1,835, new target at 1,900.
#ETH #CryptoMarketCapBackTo$3T #CryptoNewss #ETHETFsApproved #BinanceAlphaAlert
