Ethereum has gained over 10% weekly, reflecting renewed market activity. However, trend strength is weak as indicated by the ADX, which has dropped to 24.91, suggesting increasing bearish pressure. This indicates potential volatility ahead.
The RSI for Ethereum is at 56, pointing to fragile bullish momentum after recent volatility. Resistance sits at 1,828 USD, with the risk of deeper corrections if support at 1,749 USD fails.
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