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$ETH /USDT – 1hrs Analysis
Current Price: $1,698.60 (+1.01%)
Key Levels:
Resistance: $1,702.64 / $1,705.44 / $1,718.78
Support: $1,670.57
Indicators:
EMAs: Price is trading below all major EMAs (5/10/30), confirming sustained bearish momentum in the short term.
RSI: RSI(6) is at 36.98 and RSI(12) is at 38.88, indicating active downward pressure while staying slightly above the oversold boundary.
Outlook:
The asset is experiencing ongoing selling pressure, capped under immediate dynamic resistance at EMA5 ($1,702.64). If the price fails to break and close above EMA10 ($1,705.44), a decline back toward the 24H low support at $1,670.57 remains highly likely.
Bias: Bearish...
#PredictWorldCup🇧🇷vs🇭🇹