Crypto Crash: Bitcoin, Ethereum, and Dogecoin Tumble as FUNToken (FUN) Soars 54%
Major Cryptocurrency Declines: Bitcoin, Ethereum, and Dogecoin experienced significant weekly losses, with Bitcoin dropping 4.4%, Ethereum down 13.9%, and Dogecoin falling 13.2%, indicating a cooling market and cautious investor sentiment.
Surge in Lesser-Known Altcoins: Despite the downturn in major cryptocurrencies, altcoins like FUNToken surged by 54%, reflecting a shift in trader interest towards high-risk assets, particularly those linked to artificial intelligence and decentralized infrastructure.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 730.4 | 1239.1 | 1697.24 | 2205.94 | 2664.08 | 3172.78 | 3630.92 |
| Fibonacci | 1239.1 | 1608.433 | 1836.607 | 2205.94 | 2575.273 | 2803.447 | 3172.78 |
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