What is Ethereum Pectra Upgrade?
Pectra Upgrade Overview: Ethereum's upcoming Pectra upgrade, combining the Prague and Electra upgrades, aims to enhance scalability, lower transaction fees, and introduce smart account functionality, with a two-phase rollout planned for 2025.
Key Features and Benefits: The upgrade includes significant improvements such as increased Layer-2 blob capacity, enhanced validator staking limits, and advanced security measures, alongside 11 critical Ethereum Improvement Proposals (EIPs) designed to optimize network efficiency.
Get Real-Time Alerts for Any Crypto Movement
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 | 730.287 | 1239.043 | 1697.127 | 2205.883 | 2663.967 | 3172.723 | 3630.807 |
| Fibonacci | 1239.043 | 1608.376 | 1836.55 | 2205.883 | 2575.216 | 2803.39 | 3172.723 |
About ETH
About the author
