Based on the market data provided, the current price of ETH is $1795.0. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 50.90, 69.98, and 54.71 respectively. RSI values above 70 are typically considered overbought, and values below 30 are considered oversold. In this case, the 1d RSI is nearing the overbought threshold, which could indicate a potential downward correction in the near term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 6.56, 52.33, and -11.68 respectively. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. Here, the MACD for 1d is positive suggesting the market is on an upward trend.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 1829.0, 1892.0, and 1985.0 respectively. The current price is below the Bollinger Band for all three periods, which may suggest that the price is relatively low, although it is not a guarantee of a price increase.
The support levels for 4 hours, 1 day, and 7 days are 1748.0, 1697.0, and 1752.0 for Support1; 1629.0, 1532.0, and 1507.0 for Support2; and 1532.0, 1480.0, and 1337.0 for Support3 respectively. These are the levels at which the price is expected to start increasing again after a fall.
The resistance levels for 4 hours, 1 day, and 7 days are 1900.0, 19.5, and 2100.0 for Resistance1; 2082.0, 1963.0, and 2500.0 for Resistance2; and 2130.0, 2116.0, and 3200.0 for Resistance3 respectively. These are the levels at which the price is expected to start decreasing again after a rise.
Overall, the data suggests that ETH is currently on an upward trend with the potential for a slight downward correction in the near term. As always, it's important to consider other factors and conduct thorough research before making any investment decisions.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 6.56, 52.33, and -11.68 respectively. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. Here, the MACD for 1d is positive suggesting the market is on an upward trend.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 1829.0, 1892.0, and 1985.0 respectively. The current price is below the Bollinger Band for all three periods, which may suggest that the price is relatively low, although it is not a guarantee of a price increase.
The support levels for 4 hours, 1 day, and 7 days are 1748.0, 1697.0, and 1752.0 for Support1; 1629.0, 1532.0, and 1507.0 for Support2; and 1532.0, 1480.0, and 1337.0 for Support3 respectively. These are the levels at which the price is expected to start increasing again after a fall.
The resistance levels for 4 hours, 1 day, and 7 days are 1900.0, 19.5, and 2100.0 for Resistance1; 2082.0, 1963.0, and 2500.0 for Resistance2; and 2130.0, 2116.0, and 3200.0 for Resistance3 respectively. These are the levels at which the price is expected to start decreasing again after a rise.
Overall, the data suggests that ETH is currently on an upward trend with the potential for a slight downward correction in the near term. As always, it's important to consider other factors and conduct thorough research before making any investment decisions.