ETH is consolidating after a recent drop, with neutral momentum indicators and moderate risk. Consider buying near recent lows and selling near resistance.
Current Price Situation
ETH is trading at $3820, slightly above its 20-day average but below the 50-day average. The price dropped from $4368 to $3695 recently and is now stabilizing.
Key Support and Resistance
Recent local lows around $3695-3733 provide support levels. Resistance appears near $3840-4356 from recent highs where selling pressure increased.
Indicator Analysis
RSI at 50 shows balanced momentum between buyers and sellers. The 24-hour change is slightly positive at 0.92%, indicating mild upward movement.
Trading Strategy
Buy near support levels around $3700 for potential upside. Sell near resistance around $3840 for short-term profits or $4350 for larger gains if momentum returns.
Risk Management
Always use stop-loss orders below support levels. Crypto markets are volatile, so never invest more than you can afford to lose.
Beginner Recommendations
Advice: hold
Buy Price: 3700 USDT
Sell Price: 3840 USDT
Key metrics
| Price | 3820.9400 USDT |
| 24h Change | 0.92% |
| RSI(14) | 50.12 |
| SMA20 / SMA50 | 3782.11 / 3933.98 |
| Daily Volatility | 4.15% |
| 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.
