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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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🚀 ETH Analysis: The slopes continue! 📈
Check out this daily chart for ETH/USDT! The current price is $2,427.38 (-2.26%), and it has been quite an adventure from a high of $4,105.47 to a low of $1,385.00. The 100-day MA (purple line) shows a downward trend, recently falling below key support at $2,621.31. 📉
🔍 Key points:
- RSI (49.71) indicates a neutral momentum — there is room for movement!
- The volume has increased to 121.24K — watch for a potential breakout!
- Stochastic ( 146.79) hints at potential consolidation.
🌟 Growth prospects:
- If ETH breaks the resistance at $2,621.31 with high volume, the next target could be around $3,561.38, and in case of a strong impulse — even $4,105.47!
- Confirmation of the upward trend is possible when returning above the 100-day MA.
- However, if support at $1,929.09 is broken, the growth may slow down, and the price may drop to $1,500.00.
Will ETH return upwards or test lower levels? Share your predictions below! 👇 #ETH#