ETHUSD – Strong Bullish Signals on Daily Chart
Ethereum is showing renewed bullish momentum on the daily chart after rebounding strongly from the $2,700 support zone and breaking into the key resistance area at $2,835–$2,845. This breakout confirms buyer strength and opens the door for a continued move higher.
The MACD has made a bullish crossover, signaling a shift in momentum.
RSI is climbing above 55, indicating increasing buying pressure with room to run before overbought territory.
A golden cross has formed on the daily chart (50-day MA crossing above 200-day MA), supporting the bullish outlook.
Volume is picking up on green candles, suggesting strength behind the move.
Key Levels:
Support: $2,700
A daily close above $2,845 with strong volume would confirm bullish continuation and open the path toward $2,920, then $3,030 and beyond.
Ethereum is showing renewed bullish momentum on the daily chart after rebounding strongly from the $2,700 support zone and breaking into the key resistance area at $2,835–$2,845. This breakout confirms buyer strength and opens the door for a continued move higher.
The MACD has made a bullish crossover, signaling a shift in momentum.
RSI is climbing above 55, indicating increasing buying pressure with room to run before overbought territory.
A golden cross has formed on the daily chart (50-day MA crossing above 200-day MA), supporting the bullish outlook.
Volume is picking up on green candles, suggesting strength behind the move.
Key Levels:
Support: $2,700
A daily close above $2,845 with strong volume would confirm bullish continuation and open the path toward $2,920, then $3,030 and beyond.
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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.
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.