ETH: Hits Lowest Daily RSI Ever Recorded
ETH reaches lowest daily RSI ever at $1661.22 with 4h RSI at 19.64, EMA50 at $1907.8 and MACD death cross shaping ETH price prediction amid crypto market crash and AI industry impact.
SourceAnalysis
ETH has reached the lowest daily RSI ever recorded on the daily timeframe, a milestone @CryptoMichNL called a great accomplishment close to the end of the bear market, while Ether serves as the primary currency powering all activity on the Ethereum network and current price action shows $1661.22 with 4h RSI(14) at 19.64 in oversold territory, EMA50 resistance at $1907.8, EMA200 at $2102.31 and MACD at -72.16 confirming the death cross, leaving price inside Bollinger bands between $1645.94 support and $1997.11 resistance that together point to exhaustion before any sustained recovery and directly inform ETH price prediction models during ongoing crypto market crash debates plus AI industry impact on blockchain demand.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast