$ETH On the daily chart, ETH maintains a clear bearish bias as the price remains below the 20-, 50-, and 100-day Exponential Moving Averages (EMAs), clustered between approximately US$2,200 and US$2,320.
đThe dense overhead EMA stack suggests that rallies are likely to remain limited for now, while the Relative Strength Index (RSI), deep in oversold territory near 25, together with a Stochastic reading of around 10, indicates that downside momentum has become excessive.
âOn the downside, this leading altcoin could find support at US$1.827 if it fails to reclaim US$1.971. Further below are the horizontal levels at US$1.706 and US$1.600, where oversold momentum indicators could help stabilize the market if selling continues.
đ„On the upside, the nearest resistance appears at US$1.971, followed by US$2.101 and US$2.204, with a stronger barrier near US$2.250. Above these levels, the EMA cluster around 2.314â2.319 reinforces a broader supply zone ahead of the horizontal levels at US$2.355 and US$2.548.
#WhoWillSucceedJensenHuangatNvidia? #BitcoinActiveSupplyInProfitDropsBelow45% $ZAMA $ESPORTS
đThe dense overhead EMA stack suggests that rallies are likely to remain limited for now, while the Relative Strength Index (RSI), deep in oversold territory near 25, together with a Stochastic reading of around 10, indicates that downside momentum has become excessive.
âOn the downside, this leading altcoin could find support at US$1.827 if it fails to reclaim US$1.971. Further below are the horizontal levels at US$1.706 and US$1.600, where oversold momentum indicators could help stabilize the market if selling continues.
đ„On the upside, the nearest resistance appears at US$1.971, followed by US$2.101 and US$2.204, with a stronger barrier near US$2.250. Above these levels, the EMA cluster around 2.314â2.319 reinforces a broader supply zone ahead of the horizontal levels at US$2.355 and US$2.548.
#WhoWillSucceedJensenHuangatNvidia? #BitcoinActiveSupplyInProfitDropsBelow45% $ZAMA $ESPORTS
