📊 $ETH has a daily RSI of 38, the lowest among the large-cap coins alongside $SOL and $XRP . A rebound, or will the pressure continue?
Ethereum is trading around $2,420, very close to its 4-hour EMA 20 (~$2,418), but still below the EMA 50 (~$2,454) and EMA 200 (~$2,540). On the daily chart, it is below the EMA 20 and EMA 50 (~$2,514 and ~$2,485).
🔎 Levels I’m watching:
• Resistance: $2,454 (4-hour EMA 50) and $2,490 (high of the last 20 4-hour candles).
• Support: $2,330 (low of 20 4-hour candles) and $2,313 (20-day low).
• RSI: 49 on the 4-hour chart (neutral) and 38 on the daily chart (weakness, but not yet oversold).
• Funding: +0.0085% → moderate leverage, no excesses.
📈 Bullish scenario: a 4-hour close back above $2,454 opens the door to $2,490, then the $2,515 area (daily EMA 20).
📉 Bearish scenario: losing $2,313 breaks the monthly low and leaves ETH without nearby support.
What to watch: whether the daily RSI drops below 30 or rebounds from here. What do you see? 👇
#Ethereum #ETH #AnálisisTécnico #Cripto
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
Ethereum is trading around $2,420, very close to its 4-hour EMA 20 (~$2,418), but still below the EMA 50 (~$2,454) and EMA 200 (~$2,540). On the daily chart, it is below the EMA 20 and EMA 50 (~$2,514 and ~$2,485).
🔎 Levels I’m watching:
• Resistance: $2,454 (4-hour EMA 50) and $2,490 (high of the last 20 4-hour candles).
• Support: $2,330 (low of 20 4-hour candles) and $2,313 (20-day low).
• RSI: 49 on the 4-hour chart (neutral) and 38 on the daily chart (weakness, but not yet oversold).
• Funding: +0.0085% → moderate leverage, no excesses.
📈 Bullish scenario: a 4-hour close back above $2,454 opens the door to $2,490, then the $2,515 area (daily EMA 20).
📉 Bearish scenario: losing $2,313 breaks the monthly low and leaves ETH without nearby support.
What to watch: whether the daily RSI drops below 30 or rebounds from here. What do you see? 👇
#Ethereum #ETH #AnálisisTécnico #Cripto
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.