Ethereum Price Update: What's Next for ETH? 🚨
Ethereum (ETH) has been moving between two important price levels, the $1,750 support and the 20-day Exponential Moving Average (EMA) at $1,930.
Right now, the price is stable, but if ETH falls below $1,760, it could drop to $1,500.
However, there's a positive sign for the bulls. The RSI (Relative Strength Index) shows that the downtrend might be losing strength, suggesting that ETH could reverse and start going up.
If ETH can stay above $1,750, it could face resistance at $1,930.
If buyers push the price above this level, ETH might rise to $2,100.
If ETH breaks above $2,100, it will signal a trend change and could start a bigger uptrend.
Keep an eye on Ethereum's price action for more updates!
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