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Trading King

06/11 05:44

ETH eyes 2.8K as momentum builds Ethereum has cli

ETH eyes 2.8K as momentum builds

Ethereum has climbed over 8% in the past 24 hours, trading at $2,768 at press time.

Bullish candles on the daily chart show strong upside momentum, backed by a rising RSI of 65.39; just shy of the overbought zone. OBV was also climbing, suggesting healthy buying interest.

With consistently higher lows and growing volume, ETH appears poised to test the $2,800 resistance. If bulls maintain pressure, a breakout toward $2,900 isn’t off the table.

However, short-term traders should watch for pullbacks if RSI crosses into overbought territor1749620459541.png


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