📊 Outlook
Ethereum is trading in a tight range with slight upward momentum. Current RSI is neutral, and price remains above the 50-day SMA, hinting at a sustained bullish trend. The Fear & Greed Index supports this positive sentiment. A break above $2,000 could confirm bullish continuation, while a drop below $1,700 may shift sentiment to bearish.
📌 Analyst Note: Maintain bullish bias while ETH remains above $1,790.66. Monitor resistance at $2,000 for breakout confirmation.
🔍 Indicators
RSI (14): 51.60 — Neutral
SMA 50: $1,790.66 — Price slightly above → Bullish
30-Day Volatility: 4.97%
Fear & Greed Index: 61 (Greed)
Technical Sentiment: Bullish
📈 Levels
Next Resistance: ~$2,000
Next Support: ~$1,700
Short-Term Price Target: $1,804.35 by May 30, 2025
Ethereum is trading in a tight range with slight upward momentum. Current RSI is neutral, and price remains above the 50-day SMA, hinting at a sustained bullish trend. The Fear & Greed Index supports this positive sentiment. A break above $2,000 could confirm bullish continuation, while a drop below $1,700 may shift sentiment to bearish.
📌 Analyst Note: Maintain bullish bias while ETH remains above $1,790.66. Monitor resistance at $2,000 for breakout confirmation.
🔍 Indicators
RSI (14): 51.60 — Neutral
SMA 50: $1,790.66 — Price slightly above → Bullish
30-Day Volatility: 4.97%
Fear & Greed Index: 61 (Greed)
Technical Sentiment: Bullish
📈 Levels
Next Resistance: ~$2,000
Next Support: ~$1,700
Short-Term Price Target: $1,804.35 by May 30, 2025
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.