1. Current Price:
- $2,438.96, with a variation of 0.16% in the last 24 hours, indicating short-term stability.
2. Moving Averages (MA):
- **MA(7)**: 2,493.4300 (above the current price, indicating nearby resistance).
- **MA(50)**: 2,466.8705 (also above the current price, reinforcing resistance).
- The longer-term moving averages (100, 150, 200) are significantly lower (1,454.7451), suggesting that the price has had a bullish rally in recent months but may be facing short-term correction.
3. Price Ranges:
- The current price ($2,438.96) is close to intermediate levels between recent highs and lows (e.g., 4.891.7047 and 387.4719), indicating a consolidating market.
4. Historical Trends:
- The chart shows key dates (10/2021, 06/2022, etc.), suggesting cycles of rises and corrections. Currently, the price is below the all-time high but in a recovery phase from lows.
5. Additional Indicators:
- The statistics show positive returns at 30 days (32.85%) and 50 days (27.28%), reflecting recent bullish momentum. However, the proximity to MA(7) and MA(50) may indicate temporary exhaustion.
Prediction/Trend:
- Short Term (1-4 weeks): **Neutral to Bearish**. The price is close to key resistances (MA(7) and MA(50)), and the lack of significant volume (0.16% in 24h) suggests a possible correction towards lower supports (e.g., $2,300-$2,200).
- Medium Term (3-6 months): **Bullish**. The long-term moving averages (100, 150, 200) are well below, indicating that the overall trend remains bullish, especially if positive YTD returns are maintained.
Key Factors to Monitor:
- A breakout above MA(7) and MA(50) ($2,466-$2,493) would confirm a new bullish momentum.
- If the price falls below $2,400, it could seek support at $2,200.
Conclusion:
Ethereum shows strength in the medium term, but faces resistance in the short term. Vigilance is recommended for possible corrections before continuing the bullish trend.
Note: informational analysis is not a financial recommendation.