ETH is trading near key averages with neutral momentum. Recent price action shows consolidation between $2990-$3070 levels.
Current Market Position
Price at $3036 is between the 20-day ($3042) and 50-day ($3030) averages, showing balanced short-term momentum.
RSI Indicator
RSI at 54.8 suggests neither overbought nor oversold conditions, indicating neutral market momentum.
Support and Resistance
Key support sits around $2990-3000 based on recent lows. Resistance appears near $3070 from recent highs.
Trading Strategy
Consider buying near support levels and selling near resistance. Current price is in the middle of the range.
Beginner Recommendations
Advice: hold
Buy Price: 2995 USDT
Sell Price: 3070 USDT
Key metrics
| Price | 3036.6700 USDT |
| 24h Change | 0.43% |
| RSI(14) | 54.82 |
| SMA20 / SMA50 | 3042.01 / 3030.34 |
| Daily Volatility | 3.28% |
| 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.
