$ETH Price is above the short-term and long-term moving averages (MA), indicating a bullish momentum. The price is above all three MAs, showing strong upward momentum.
ETH is currently in a bullish trend supported by strong volume and technical indicators. Watch for a breakout above $3,437 to confirm further upside potential. If the price retraces, the $3,213 support level will be crucial to maintain the uptrend.
Key Levels:
Resistance: $3,437 (24-hour high). Breaking this level could lead to further bullish movement.
Support: $3,213 (24-hour low). A drop below this could signal bearish momentum.
