ETH is showing mixed signals with high RSI suggesting overbought conditions but recent price recovery from lows. Current price is near short-term averages with volatility present.
Current Market Position
Price at $3184 is between the 20-day ($3127) and 50-day ($3162) moving averages. RSI at 75 indicates overbought territory, which often precedes pullbacks.
Support and Resistance Levels
Recent local lows around $3060-3150 provide support zones. Resistance sits near $3215-3248 from recent highs where price has struggled to break through.
Trading Strategy
Consider buying near support levels around $3080 for potential bounce plays. Look to take profits near resistance at $3220 where selling pressure may increase.
Risk Management
Use stop-loss orders below key support levels. The high RSI and recent volatility suggest medium risk – only invest what you can afford to lose.
Beginner Recommendations
Advice: hold
Buy Price: 3080 USDT
Sell Price: 3220 USDT
Key metrics
| Price | 3184.7400 USDT |
| 24h Change | -0.84% |
| RSI(14) | 75.19 |
| SMA20 / SMA50 | 3127.29 / 3162.52 |
| Daily Volatility | 4.14% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
