BTC
3 220,55
+2.65%
Here is a brief overview of Ethereum technical analysis for December 12, 2024:
* Overall momentum: Bullish
* Potential direction: Bearish
* Key support and resistance levels: $3,500, $3,750, $4,000
Technical indicators:
* MACD: Bullish crossover
* RSI: Overbought
* Stochastic oscillator: Overbought
Chart patterns:
* Flag pattern: Bullish
* Triangle pattern: Bullish
Conclusion:
Ethereum is currently in a bullish trend, but the price is overbought. The price is likely to consolidate or decline in the short term. However, the long-term trend is still bullish.