Ethereum (ETH) Price Action Update
Ethereum (ETH) is trading around $2,750, consolidating after recent volatility. The latest daily candle shows a Doji pattern, signaling market indecision and a potential pause before the next move.
On the technical side:
Support: $2,700
Resistance: $2,800
The RSI sits at neutral, around 50, indicating balanced momentum.
Key moving averages (50-day and 200-day) align closely, hinting at a breakout.
What’s Next?
A push past $2,800 could ignite a rally toward $3,000, while a break below $2,700 may lead to a deeper correction. Traders should watch these levels and stay nimble in this tightly ranged market.
"Indecision breeds opportunity—are you ready to catch the next ETH move?"