$ETH Ethereum: ETH consolidates near $2,700✴️✴️✴️
Ethereum recorded liquidations of $55.82 million over the last 24 hours, led by short liquidations of $27.9 million.
📈On the daily chart, ETH maintains a constructive bullish bias because the price holds near $2,700 after bouncing off near the 20-day Exponential Moving Average (EMA). Momentum remains positive, with the 14-day Relative Strength Index (RSI) hovering around 64 and the Stochastic Oscillator (Stoch) around 74, indicating solid upward conditions.
⛔On the downside, initial support sits at $2,626, followed closely by the 20-day EMA at $2,575, and another floor near $2,544—forming a tight demand zone that must be broken to signal deeper corrective pressure toward $2,431 and the 50-day EMA at $2,393.
Chart Analysis ETH/USDT (Binance)
Daily chart ETH/USDT
🔥On the upside, the nearest resistance appears at $2,786, before a higher barrier at $2,894. Continued breakout above these levels will clear the path to the next major resistance near $3,177, where the current bullish phase could extend into more aggressive upside.
#CircleMints500MUSDCOnSolana #BitwiseFilesToListNEARETFOnNYSEArca $SOPH $ERN
Ethereum recorded liquidations of $55.82 million over the last 24 hours, led by short liquidations of $27.9 million.
📈On the daily chart, ETH maintains a constructive bullish bias because the price holds near $2,700 after bouncing off near the 20-day Exponential Moving Average (EMA). Momentum remains positive, with the 14-day Relative Strength Index (RSI) hovering around 64 and the Stochastic Oscillator (Stoch) around 74, indicating solid upward conditions.
⛔On the downside, initial support sits at $2,626, followed closely by the 20-day EMA at $2,575, and another floor near $2,544—forming a tight demand zone that must be broken to signal deeper corrective pressure toward $2,431 and the 50-day EMA at $2,393.
Chart Analysis ETH/USDT (Binance)
Daily chart ETH/USDT
🔥On the upside, the nearest resistance appears at $2,786, before a higher barrier at $2,894. Continued breakout above these levels will clear the path to the next major resistance near $3,177, where the current bullish phase could extend into more aggressive upside.
#CircleMints500MUSDCOnSolana #BitwiseFilesToListNEARETFOnNYSEArca $SOPH $ERN
