$ETH (Ethereum)
💥Current price: $1,919.23
🟢Overall trend: The bearish trend dominates the weekly chart after bouncing from the peak of $3,658.98 to reach a low of $1,505.68.
🔵Moving averages: The price is trading above the exponential moving average EMA(7) at $1,886.60, while it faces strong resistance at EMA(25) at $2,058.35.
🔴Support and resistance: Levels $1,886–$1,894 form the current support zone, while $2,058–$2,345 represent the upcoming resistance zones.
🟣Technical outlook: Cautious recovery in the short term; continuing the rise requires breaking through the nearby resistance levels consistently to increase buying momentum.
#US30YearYieldHitsHighestSince2002
💥Current price: $1,919.23
🟢Overall trend: The bearish trend dominates the weekly chart after bouncing from the peak of $3,658.98 to reach a low of $1,505.68.
🔵Moving averages: The price is trading above the exponential moving average EMA(7) at $1,886.60, while it faces strong resistance at EMA(25) at $2,058.35.
🔴Support and resistance: Levels $1,886–$1,894 form the current support zone, while $2,058–$2,345 represent the upcoming resistance zones.
🟣Technical outlook: Cautious recovery in the short term; continuing the rise requires breaking through the nearby resistance levels consistently to increase buying momentum.
#US30YearYieldHitsHighestSince2002