Technical Analysis of ETH/USDT
Current Price: 3,449.68 Change in Price: +4.05%
Technical Indicators:
Moving Averages:
7-period moving average (MA7) is at 3,412.80
25-period moving average (MA25) is at 3,375.27
99-period moving average (MA99) is at 3,208.52
The current price is above all three moving averages, indicating an uptrend.
Volume:
The 24-hour volume of ETH is 818,053.62
The 24-hour volume of USDT is 2.82B.
High volume suggests strong interest in the asset.
Relative Strength Index (RSI):
The RSI is not provided in the image, but it can be a useful indicator to measure momentum and potential overbought/oversold conditions.
MACD (Moving Average Convergence Divergence):
The MACD line is at 3.58.
The MACD line is above the signal line, indicating a bullish trend.
Depth:
The depth of the order book is at 14.43%, which suggests that there is good liquidity in the market.
Overall:
The current price of ETH/USDT is above all three moving averages and the MACD is above the signal line, indicating a bullish trend.
High volume suggests strong interest in the asset.
The depth of the order book is at 14.43%, which suggests that there is good liquidity in the market.
Note: This is just a technical analysis based on the information provided in the image. It is important to conduct thorough research before making any trading decisions and to consult with a financial professional.