Bitcoin Edges Up to $90,599.13 as Chiliz Surges 11.71%
- Bitcoin Slightly Up: As of 11:30 AM KST, Bitcoin (BTC) rose by 0.08% to $90,599.13, indicating market stability despite limited gains, which may attract more investor interest.
- Ethereum Shows Strength: Ethereum (ETH) increased by 0.29% to $3,090.92, reflecting ongoing demand for smart contract platforms, potentially boosting its applications in decentralized finance.
- Chiliz Surges: Among the top 100 cryptocurrencies, Chiliz (CHZ) recorded a significant day-over-day gain of 11.71%, highlighting strong demand in the sports and entertainment sectors, which may draw more investor attention to its future potential.
- KuCoin Token Declines: KuCoin Token (KCS) fell by 6.09%, indicating a decrease in market confidence towards the exchange's token, which could impact its liquidity and trading volume.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 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 crypto.
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 | 1196.775 | 1472.287 | 1744.715 | 2020.227 | 2292.655 | 2568.167 | 2840.595 |
| Fibonacci | 1472.287 | 1681.6 | 1810.914 | 2020.227 | 2229.54 | 2358.854 | 2568.167 |
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