💡 Quick technical analysis:
✅ Notable rebound! After ETH retreated to the strong support area near $2,711.94, we saw a quick rebound touching $2,766.07, reflecting the entry of strong buying forces!
✅ RSI at 54.71 – we have not yet reached the overbought zone, which means that the price still has room to rise!
✅ MACD indicates a moderate bearish crossover (-10.33) but the gap is gradually shrinking – a potential bullish crossover could be the next spark for an explosion!
✅ The moving averages (MA5 and MA10) show convergence, which may indicate a pricing decision moment very soon!
📊 Trading volume is stabilizing: trading levels remain active, supporting the continuation of strong movement ahead.
$ETH
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🚀 Expected scenario:
🔼 If ETH successfully breaks the current resistance level at $2,794 - $2,800, we may see a quick return towards $2,879 and then perhaps test $2,900 very soon!
🔽 In case of a pullback, the main support around $2,685 - $2,711 may provide a solid base for a new launch 🔄
$ETH
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🔥 Is ETH ready to launch towards $3,000?!
With positive momentum remaining stable and a clear recovery starting in the recent candles, all eyes are on an imminent strong movement. Don’t miss the upcoming wave! 🌊