2026-03-17 08:04:40

Ethereum Afternoon Trading Suggestions

Ethereum has been rising from 2085, forming a ladder-like uptrend, and reached a phase high at 2385. Current price has pulled back to around 2320, showing a short-term technical correction, but the uptrend remains intact.

The MACD indicator shows a reversal at high levels, with red bars shortening near the zero line, indicating weakening bullish momentum and the beginning of a momentum decline phase.

RSI has pulled back to around 50, with market sentiment shifting from strong to neutral, and short-term buying pressure weakening.

In terms of volume, it expands during rallies and contracts during pullbacks, with the market entering a high-level consolidation phase. Upper resistance is at 2350-2380, with key support around 2280. A break below could trigger panic selling. Currently 2280 serves as short-term support, with 2350-2380 as the resistance zone.

Trading Suggestion: Buy in the 2290-2310 range, targets 2360-2380#ETH

ETH-0,61%

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