Today's analysis for Ethereum tends to be neutral to slightly bullish, but there is still no confirmation of a major breakout.



ETH price is currently moving in the range of $2,330–$2,370 and remains above the short-term key support.

Important ETH areas today
Strong support: $2,311 – $2,275
Nearest resistance: $2,366 – $2,420
Major resistance: $2,628

If ETH successfully breaks through and stays above $2,420, the upward potential toward the $2,500 area begins to open. But if it drops below $2,311, the correction potential to $2,250 is quite significant.

Technical indicators

ETH chart currently shows:

EMA 20 & EMA 50 still slightly bullish
RSI around 53 → momentum is not very strong yet
MACD starting to weaken → buyers are not fully dominant
y=2330+40sin(x)
ETH-1.34%
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