🚀 ETH Surges to $3,495! Is $3,500 Next? 💹

Analysis:

The ETH/USDT pair is showing solid bullish momentum, currently trading at $3,495.07, with a strong gain of +6.58% for the day. Here’s what the chart suggests:

1. EMA Levels:

• ETH is trading above the EMA(7) at $3,494, signaling bullish short-term momentum.

• The alignment of EMA(7), EMA(25), and EMA(99) indicates consistent buying interest.

2. Stochastic RSI:

• At 17.65, it hints at a potential oversold zone, suggesting ETH could rally further after consolidation.

3. RSI Levels:

• The RSI(6) is at 51.42, indicating neutral to bullish conditions with room for more upside.

4. Volume:

• A recent surge in trading volume supports the upward trend, with immediate resistance at $3,510 and support at $3,477.

Prediction:

• If ETH breaks $3,510, it could test $3,550 or higher.

• A pullback to $3,470 might occur before the next leg up.

Pro Tip:

• Keep an eye on trading volumes and resistance levels for confirmation of the breakout. Bullish momentum appears strong, but cautious trading is advised! 🟢📈$ETH