Ethereum holds near $2,709 but momentum is fading
- —Daily RSI at 64.55 signals strength without overbought conditions
- —Daily MACD: line 84.7 vs signal 88.1, histogram -3.4
- —Key resistance at $2,745 (R1), immediate support at $2,662 (S1)
- —Fear & Greed Index at 73; Bitcoin dominance at 58.29%
Why it matters: A break above $2,745 opens the way to $2,835, while a close below the $2,615 EMA20 would invalidate the bullish setup.
Source: The Cryptonomist (IT)