2024-12-28 21:55:37

#ETH Price Trend Analysis

1. Candlestick Patterns:

- The price has been fluctuating around 3400 recently, forming a small upward channel.
- There was a significant drop and volume surge in the early stage, and it is currently in the rebound phase.

2. Technical Indicators:

- MACD: DIF and DEA are diverging upwards, and the MACD histogram is positive, indicating that the current market is in a bullish trend.
- RSI: The RSI14 is currently around 63, close to the overbought zone, but has not yet entered the extreme zone, showing some upward momentum.
- EMA: Short-term EMA7 (3390.38) is higher than the medium-term EMA30 (3367.68) and far from the long-term EMA120 (3392.79), indicating that there is still upward potential in the short term.

3. Trading Volume:

- The trading volume has increased in the past few hours, especially during the period of 0100 on December 29th, showing a higher market activity.
- Looking at the daily chart, the trading volume on December 28th decreased significantly, showing reduced volatility compared to the previous few days.

ETH-0,99%

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.

2 Likes

Reward
2
4
Repost
Share

Comment

Add a comment

PleaseCallMeSha

· 2024-12-28 21:59

- Sell point 1: 3450 USDT (near the previous high point, may generate selling pressure)

- Sell point 2: 3500 USDT (round number, psychological resistance level)

- Short stop-loss point: 3525 USDT (25 points above sell point 2, to prevent further pump after breakthrough)

View OriginalReply0

Omerengiz