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Cryptocurrency$ETH
Short-term bullish, as we observe a series of higher lows.
Moving Averages: The price is currently trading above the moving averages (MA5, MA10, MA30), indicating continued bullish momentum.
MACD Indicator: Shows a positive crossover above the zero line, with green bars (Histogram) supporting ongoing upward movement.
Volume Indicator: We notice an increase in trading volumes with the recent green candles, which is a good confirmation of the current price strength.
First target: $2,342 (the previous peak from which the price recently rebounded, and breaking it opens the way for further gains...
Second target: $2,360 - $2,375 (a psychological and technical resistance zone).