📊 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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