🚨Is this the start of a new bull run for ETH?🚨
Today, $ETH / USDT is making waves with an impressive 6.38% price increase. The current price sits at $3,775.94, with a 24-hour high of $3,821.00 and a 24-hour low of $3,515.89. The trading volume is strong, with 539,230.08 ETH and 1.98B USDT traded in the last 24 hours.
Technical Analysis
* MA(7): 3,791.44
* MA(25): 3,757.28
* MA(99): 3,671.04
The 7-day and 25-day moving averages are above the 99-day moving average, indicating bullish momentum. The price is currently above the 7-day moving average, which suggests that the bullish trend may continue.
What to Watch For
* Breakout above the 24-hour high: This could signal a continuation of the bullish trend.
* Increased trading volume: Higher volume often accompanies price movements.
* News and developments: Any positive news or developments related to Ethereum could further drive the price up.
Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.
What do you think about ETH's recent surge? Share your thoughts in the comments below!
