#ETH Hourly Chart Technicals
$ETH Moving Averages & Price Positioning
Price is currently above the SMA (~$3,650) suggesting short term bullers have control.
However $ETH is trading around the #MA (~$3,710–3,745), which is serving as immediate resistance
#RSI (14) is neutral (~46–47) not overbought or oversold
#MACD shows bearish tendencies, but Stochastic is bullish on short term
frames
#ADX is ~32 indicating a moderately strong trend, leaning bearish/mixed short term
Support: ~$3,720
Resistance: ~$3,800–3,860
Bullish Scenario
A clear break above $3,800–3,860 on strong volume opens the door to $4,000, then potentially $4,200–4,300.
Bearish Scenario
Failure to hold $3,720–3,650 could trigger a pullback to $3,550, and if that falters, then $3,450 or even the $3,320 region