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Futures
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NEW
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Top asset management team helps you profit without hassle
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NEW
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🚀 #ETH has exploded and is about to soar even higher! 🚀
💡 Quick Technical Analysis:
✅ Strong price explosion! After ETH bounced from the $2,557 area, we witnessed a rapid upward wave reaching $2,720, reflecting massive buying interest and notably high volume activity.
✅ RSI is in the overbought zone! The Relative Strength Index (RSI) at 88.59 indicates that the price may need a correction soon, but continued momentum could push the price to higher levels before a pullback.
✅ Positive MACD crossover! The difference between DIF and DEA shows strong momentum, reinforcing the likelihood of continued upward movement in the short term.
$ETH
🚀 The expected scenario:
If ETH can hold above $2,700, we might see a quick test of the $2,750 area followed by $2,800 as the next resistance. In case of a pullback, the $2,656 - $2,620 areas could provide strong support for a re-accumulation before the rise again.
$ETH