$ETH $ETH As of this moment, ETH is trading around $1,895 USD, per X posts from earlier today (e.g., around 06:14 +03), down from $2,036.54 yesterday according to CoinMarketCap. This reflects a roughly 1% drop in the last 24 hours, with some volatility noted—a high of $2,075 mentioned in posts today suggests a rejection at that level. Technical indicators paint a mixed picture: posts on X from today (e.g., @CalebFranzen at 13:29 +03) note ETH remains below its 200-day moving average, with the exponential moving average (EMA) below the simple moving average (SMA), signaling bearish momentum. The Relative Strength Index (RSI) is neutral, around 50 or slightly below, per recent analyses, indicating no strong overbought or oversold condition.
However, there’s some bullish chatter too. @JagsterTrading (07:37 +03) sees odds of a breakout above $2,075, calling it “increasingly bullish” with potential upside, while @AltcoinMiyagi (10:23 +03) argues ETH is bottoming out and poised for a bounce, possibly testing higher levels soon. Market activity supports cautious optimism—24-hour trading volume is up significantly (over $38 billion yesterday), hinting at active interest. Yet, the broader sentiment on X leans bearish or neutral: posts from earlier this week (e.g., @AvaxMinerAI on March 16) flagged a sustained bearish trend with no clear reversal, citing oversold RSI near 30 and EMA misalignment
