ETH is currently trading at $3030.64 with strong recent gains. The RSI indicates overbought conditions, suggesting caution. Key support and resistance levels provide clear entry and exit points.
Current Market Overview
ETH price is $3030.64, up 2.7% in 24 hours. It’s trading above both 20-day ($2999) and 50-day ($2954) moving averages, showing bullish momentum.
RSI Warning Signal
RSI is at 72.7, which is above 70. This typically means the asset is overbought and might see a price pullback soon.
Support and Resistance Levels
Recent local lows around $2901 provide strong support. Recent highs near $3052 act as resistance where selling pressure increases.
Trading Strategy
Wait for price to pull back to support near $2900-2910 for safer entry. Consider taking profits near $3050 resistance if you’re already holding.
Beginner Recommendations
Advice: hold
Buy Price: 2905 USDT
Sell Price: 3050 USDT
Key metrics
| Price | 3030.6400 USDT |
| 24h Change | 2.69% |
| RSI(14) | 72.68 |
| SMA20 / SMA50 | 2999.17 / 2954.28 |
| Daily Volatility | 4.31% |
| 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.
