$ETH Technical Analysis:
1. Moving Averages (MA):
- Short-term (7-day): $3,018.34
- Medium-term (25-day): $3,120.57
- Long-term (99-day): $3,331.54
2. RSI (Relative Strength Index): - Currently neutral (between 30 and 70) - Monitor for potential overbought or oversold conditions.
3. Bollinger Bands: - Bands narrowing: Possible consolidation - Bands widening: Increased volatility
Next Movement Prediction:
- Given the neutral RSI and narrowing Bollinger Bands, ETH may consolidate in the short term. Watch for breakout signals.Remember, this is not financial advice.
Always do your own research and consult with professionals before making trading decisions.
