Well, folks, Ethereum is looking pretty interesting right now! The current price is $3,354, and it's up by 6% in the last 24 hours. Not too shabby!
But here's the thing: ETH has been on a bit of a rollercoaster ride lately. We're down by -29.92% from the all-time high of $4,786, which was 2 years and 8 months ago. Ouch!
Still, there's reason to be optimistic. ETH has broken above the 50-day MA, and the RSI is trending upwards. Buying pressure is increasing, and we're seeing a higher low pattern. All good signs!
So, what's next? Will ETH continue to climb or take a dip? Hard to say, but I'm feeling cautiously bullish. Let's see how it plays out!
