ETH is trading near $3935 with mixed signals. RSI shows slight overbought conditions, but price is above key moving averages. Recent volatility suggests caution.
Current Price Action
Price is currently $3935, slightly above the 20-day average ($3926) and 50-day average ($3906). It recently tested support around $3889 and resistance near $3982.
RSI Indicator
RSI at 69 is approaching overbought territory (above 70). This suggests buying momentum may be slowing, but doesn’t guarantee a price drop.
Support and Resistance
Key support levels are around $3889-$3918 based on recent lows. Resistance sits near $3964-$3982 from recent highs. These are good areas to watch for entry and exit points.
Trading Strategy
Consider buying near support levels for better risk/reward. Current price is in the middle of recent range, making immediate entry less ideal. Wait for pullbacks to buy or rallies to sell.
Beginner Recommendations
Advice: hold
Buy Price: 3889 USDT
Sell Price: 3964 USDT
Key metrics
| Price | 3935.2200 USDT |
| 24h Change | -0.80% |
| RSI(14) | 68.78 |
| SMA20 / SMA50 | 3925.81 / 3905.96 |
| Daily Volatility | 3.13% |
| 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.
