🔴 $ETH · 1H
Price is $2,319 and $ETH remains below the averages that capped it earlier. $2,293 on the low side and $2,392 on the high side have contained the last three days. Price is down in the lower third of that range. There is only 1.1% between price and support. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 39 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $2,293 and $2,392, sitting near the bottom of it now. Turnover is unremarkable, running 1.1x the recent average. Down 1.6% over 24 hours.
DYOR
$ETH #TechnicalAnalysis
Price is $2,319 and $ETH remains below the averages that capped it earlier. $2,293 on the low side and $2,392 on the high side have contained the last three days. Price is down in the lower third of that range. There is only 1.1% between price and support. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 39 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $2,293 and $2,392, sitting near the bottom of it now. Turnover is unremarkable, running 1.1x the recent average. Down 1.6% over 24 hours.
DYOR
$ETH #TechnicalAnalysis
