January 28, ETH 1-Hour Market Overview and Trading Strategies
Currently, ETH is priced at $3,018.10, in a rebound phase with bullish momentum dominating.
- Moving Averages: The price has broken above the 5-day, 10-day, and 20-day moving averages, with the short-term (5-day) moving average crossing above the medium- and long-term averages, forming a bullish alignment, indicating a short-term upward trend.
- Support and Resistance: Support levels are at 2,990 (10-day MA) and 2,954 (20-day MA); resistance levels are at 3,033 (24-hour high) and 3,075 (previous key resistance).
- Volume: Recent tra
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