$ETH Simple Analysis of $ETH /USDT on Binance** *Disclaim
CryptoPotato
Updated at: 5 hours ago
{"content":"$ETH Simple Analysis of $ETH /USDT on Binance**
*Disclaimer: This is not financial advice. Always conduct your own research before trading. Like and share if you find this useful!*
### **Key Highlights:**
- **Current Price:** $2,425.82 (-1.88% change)
- **24h Range:** $2,424.70 (Low) to $2,587.61 (High)
- **24h Volume:** 559,172.40 ETH / $1.40B USDT
### **Technical Indicators:**
- **Moving Averages (MA):**
- MA(7): $2,518.77 (short-term resistance)
- MA(25): $2,499.35 (mid-term resistance)
- MA(99): $2,537.98 (long-term resistance)
- **RSI(6):** 22.11 (oversold, potential reversal signal)
### **Performance Summary:**
- **7 Days:** -4.31% (short-term bearish)
- **30 Days:** +52.83% (strong monthly recovery)
- **1 Year:** -21.41% (long-term downtrend)
### **Actionable Insight:**
- ETH is oversold (RSI 22), but trading below key MAs suggests caution. A bounce could target $2,500 (MA7), while a breakdown below $2,424 (24h low) may extend losses.
*Like & share to help others stay informed! Trade wisely.* 📉🚀
$ETH
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