$ETH ETH/USDT is neutral-to-slightly-bearish: it's range-bound around $2,500, with the next move likely decided by this week's US inflation data.
Price: ETH is about $2,507, roughly flat over 24 hours. That's well below its all-time high near $4,946. (okx)
Trend: ETH reclaimed its 50-day EMA (~$2,502), but the 20-day EMA (~$2,599) is still overhead, and RSI is ~44, below 50. Another model reads a neutral signal, with support at $2,402. (coindcx) (blockspot)
Levels to watch: Support is $2,400 and then $2,346. Resistance is $2,600, then $2,650–$2,750.
Catalyst: CPI is due October 14 and PPI October 15, which could break the current range. (cryptoslate)
Bullish case: A daily close above $2,600 opens $2,650–$2,750.
Bearish case: Losing the 50-EMA and $2,400 points toward $2,346.
This is a general technical overview, not financial advice. Crypto is volatile, so confirm live prices on your exchange before trading.
#LedgerAsksSoutheastAsiaHKResellersToHaltSales #USEthereumETFsSee10StraightDaysOfOutflows #
Price: ETH is about $2,507, roughly flat over 24 hours. That's well below its all-time high near $4,946. (okx)
Trend: ETH reclaimed its 50-day EMA (~$2,502), but the 20-day EMA (~$2,599) is still overhead, and RSI is ~44, below 50. Another model reads a neutral signal, with support at $2,402. (coindcx) (blockspot)
Levels to watch: Support is $2,400 and then $2,346. Resistance is $2,600, then $2,650–$2,750.
Catalyst: CPI is due October 14 and PPI October 15, which could break the current range. (cryptoslate)
Bullish case: A daily close above $2,600 opens $2,650–$2,750.
Bearish case: Losing the 50-EMA and $2,400 points toward $2,346.
This is a general technical overview, not financial advice. Crypto is volatile, so confirm live prices on your exchange before trading.
#LedgerAsksSoutheastAsiaHKResellersToHaltSales #USEthereumETFsSee10StraightDaysOfOutflows #