ETH


Ethereum’s current technicals show a bullish short-term outlook: it bounced after gaining neutral trendline support around 1600, and broke above the descending trendline since the prior swing high. The daily structure has formed higher lows, approaching the overbought zone but still leaving room for upside. At this point, watch for a high-volume breakout to hold above the 100-day moving average near 1944—then it may target around 2000 and even attempt to test the 200-day moving average.
If it faces resistance at 1944 and pulls back, pay attention to the downside area around 1820–1750.
ETH-2.82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned