#ETHCrossed2500
Current Price: $2,472.85
• 24h Range: $2,446.24- $2,587.64
. Key Support Levels:
◦ $2,407 (23.6% Fibonacci retracement)
◦ $2,289 (38.2% Fibonacci retracement
near 50-day SMA)
◦ $2,300 (major support)
• Key Resistance Levels
◦ $2,598 (recent high)
◦ $2,736 (extension target)
○ $2,850 - $2,900 (symmetrical triangle
resistance)
Market Sentiment
• Technical Indicators:
◦ 50-Day Moving Average (DMA): $3,850
◦ 200-Day Moving Average (DMA)
$3,400
◦ Relative Strength Index (RSI): 72
(Potentially Overbought)
◦ MACD Indicator: Bullish momentum
• Investor Sentiment: The Fear and Greed
Index stands at 78, indicating extreme
greed, while social media trends and
Google searches for Ethereum have
surged, reflecting heightened interest
FINAL:
ETH can go further up but beware of market volatility.