🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
🚀 ETH Analysis: The slopes continue! 📈
Check out this daily chart for ETH/USDT! The current price is $2,427.38 (-2.26%), and it has been quite an adventure from a high of $4,105.47 to a low of $1,385.00. The 100-day MA (purple line) shows a downward trend, recently falling below key support at $2,621.31. 📉
🔍 Key points:
- RSI (49.71) indicates a neutral momentum — there is room for movement!
- The volume has increased to 121.24K — watch for a potential breakout!
- Stochastic ( 146.79) hints at potential consolidation.
🌟 Growth prospects:
- If ETH breaks the resistance at $2,621.31 with high volume, the next target could be around $3,561.38, and in case of a strong impulse — even $4,105.47!
- Confirmation of the upward trend is possible when returning above the 100-day MA.
- However, if support at $1,929.09 is broken, the growth may slow down, and the price may drop to $1,500.00.
Will ETH return upwards or test lower levels? Share your predictions below! 👇 #ETH#