Will ETH Reach New Highs? 🚀
Technical Analysis:
• Current Price: $3,608.02
• RSI Analysis: Neutral with a score of 63, indicating balanced buying and selling.
• Moving Averages (MA):
• MA(7): $3,640 - Slightly above the price, suggesting consolidation.
• MA(25): $3,340 - Indicates bullish sentiment if sustained.
• MA(99): $2,717 - Strong long-term support.
• Volume Trend: Increasing buying pressure in the last 24 hours, hinting at accumulation.
• Money Flow: Large inflow surpassing $208K in 5 days, signaling bullish intent.
Potential Bullish Targets:
1. $3,750 - Psychological resistance level.
2. $3,900 - Near-term breakout potential.
3. $4,200 - Intermediate resistance.
4. $4,500 - Strong bullish continuation.
5. $4,800 - ATH retest zone.
📢 DYOR before trading as volatility can impact predictions.