#ETH
Current Price: The price is at $3,366.10, with a recent high of $4,107.80, indicating significant price volatility.
EMAs:
EMA(7) at $3,409.16 is above EMA(25) at $3,126.55, suggesting a bullish short-term trend.
EMA(99) at **$
2,657.64** indicates a strong long-term upward trend.
Volume: The volume is 907.398K, showing strong market participation, but appears to be declining, which may point to potential consolidation or weakening momentum.
Momentum Indicators:
RSI Levels: RSI(6) at 52.28, RSI(12) at 54.48, and RSI(24) at 54.16 suggest neutral momentum, leaning slightly bullish but not overbought.
Conclusion: The overall trend is bullish in the short term, with notable resistance around **
$4,107.80* and support near *$3,300**. Traders should monitor for momentum shifts and consider stop-loss strategies to manage risks during potential price corrections.
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