Ethereum ($ETH ) Market Analysis - July 3, 2024
Current Price: $3,530 (+0.84%)
Ethereum has been holding steady around the $3,500 level. Technical indicators show a neutral stance, with ETH currently trading above the 200-day EMA, which supports a long-term bullish outlook. Short-term signals are mixed, with the RSI indicating potential for further upward movement【54 source】【55 source】.
Short-term Outlook: ETH may test the $3,600 resistance level if the current momentum continues, with strong support at $3,400.