📊 ETH/USDC Forecast for the Coming Days! 🚀
The daily timeframe shows that ETH/USDC (1803.63 USDC) is consolidating after a downtrend 📉. The price remains above EMA(7) and EMA(25), while the MACD indicates bullish momentum 📈. RSI at 42.2 — neutral, but close to the oversold zone, which could trigger a bounce 💥.
Volumes are increasing on green candles, and SAR below the price is a positive sign 🌟.
Forecast: Short-term rise to 1900–2000 USDC, if the price holds above EMA(99) at 1804.49. The first resistance is at 2012.43 (upper Bollinger Bands). However, if we break below 1700, a drop to 1383.67 is possible 📉. Keep an eye on the volumes and the level of 1804.49! 🧐
💡 Trading: Stop-loss below 1700 for long or above 1900 for short. Good luck! 🍀
