#EthereumFuture
📈 Weekly Performance of Ethereum
Current Price: Approximately $1,798.84.
Weekly Change: Increased by 11.53%, indicating strong upward momentum.
Current Resistance: Around the $1,800 level, with the potential to move towards $2,000 if momentum continues.
Moving Averages
Short-term (5-20 days): Indicating buy signals, reflecting a short-term upward trend.
Medium-term (50-100 days): Indicating sell signals, indicating resistance during these periods.
Long-term (200 days): Indicating sell signals, reflecting challenges in the long-term trend.
📊 Momentum Indicators
Relative Strength Index (RSI): At 54.62, indicating a neutral state with a slight tendency towards buying.
MACD: At -52.57, indicating a sell signal.
Stochastic RSI: At 86.01, indicating a state of overbought conditions.
📌 Support and Resistance Levels 💪$ETH $BTC $BNB
First Support: $1,643.60
First Resistance: $1,869.15
Second Resistance: $1,947.23
Third Resistance: $2,094.70