Ethereum (ETH) Analysis
Current Price: $2,912
Support: $3,500
Resistance: $3,800–$3,900
Technical:
Possible death cross (50‑day MA below 200‑day MA)
MACD bullish in some scenarios
RSI neutral
Bollinger Bands show rising volatility
Price Action:
Consolidation phase
Break above $4,600–$4,700 → bullish toward $5,200–$5,500
Breakdown below $3,500 → bearish toward $3,300–$3,000
Strategy:
Traders: watch breakout above $4,600+
Investors: accumulation around $3,500–$4,000