Based on the 4-hour chart, the Bollinger Bands are currently trending upward with the three lines moving higher. The price is testing the upper band and pulling back, with the three lines corresponding to prices of 3490, 3371, and 3252.



The short-term MA indicators on the 4-hour chart are rising, with MA5 about to cross above MA30. The price is currently trading between the MA30 moving average and the upper band. On the hourly chart, the short-term MAs MA5 and MA10 are crossing in a converging manner. If the price breaks through and stabilizes above MA5, a second upward movement is expected.

The MACD indicator on the 4-hour chart is below the zero line with both lines trending upward, indicating a bullish sentiment. On the hourly chart, the fast line is above the zero line but turning downward. If the fast line crosses below the slow line from above, it would signal a shift from bullish to bearish sentiment, with decreasing bullish momentum.

The RSI on the 4-hour chart is currently in a normal trading range, with both lines trending downward, corresponding to values of 65 to 48.

Conclusion: Range-bound consolidation.

Resistance levels: 3530, 3580, 3650

Support levels: 3380, 3280, 3220
ETH-0,46%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)