đLONG: $ETH by CoreCrypto1 (1D)
Current Price $2439.89
Market Cap $293.48B
Change 1h -0.31% | 24h -1.64%
Daily Indicators:
âą RSI: 36 - Neutral đ
âą MACD: -96 - Bearish đŽ
âą EMA: 2669 - Below đŽ
Analysis:
ETH is currently trading at $2,400 and has formed a symmetrical channel. It's approaching the lower trendline, suggesting a potential bounce. Strong support can be observed in the $2,100-$2,300 range (Green Box), providing a cushion against further dips.
Price Targets:
If ETH rebounds from support, the first target is the upper trendline near $3,200. Breaking this could propel it to $4,000. Conversely, falling below $2,100 might trigger further declines, possibly down to $1,900.