$ETH

ETH

2,062.88

+3.03%

Price movement and moving averages (EMAs):

The current price (2024.23) forms a strong green candle that bounced from a local bottom at around 1970..

It is noted that the price was able to break through the short exponential moving average (EMA 10) located at 2019.14, and this is an encouraging initial recovery signal..

However, the path still has strong resistances represented by the larger averages, the nearest of which (EMA 25) is at levels of 2059.35.