#WhiteHouseCryptoSummit Ethereum Technical Analysis:
1. Price Trend:
Current price: $2,143.34
24H High: $2,259.34
24H Low: $2,103.07
The price is below the 30 MA ($2,191.52), 100 MA ($2,412.98), and 200 MA ($2,551.49), indicating a bearish trend.
2. RSI (Relative Strength Index):
40.30, which is below the neutral 50 level, indicating weak momentum but not yet oversold.
3. MACD (Moving Average Convergence Divergence):
Histogram bars are negative.
Signal and MACD lines are trending downward, signaling bearish momentum.
4. Stochastic RSI:
2.14 and 9.10, meaning the price is oversold. A reversal