$ETH #TrumpAnnouncesNewTariffs Here is an in-depth technical analysis based on the visible data points and indicators.
1. Current Market Snapshot
· Price: $1,823.70
· 24h Change: -4.68%
· Context: Ethereum is currently trading near the lower end of its 24-hour range ($1,811.57 – $1,935.37).
2. Key Indicators Analysis
A. Bollinger Bands (BOLL(20,2))
· Upper Band (UB): 2,039.28
· Middle Band (Base): 1,921.58 (20-period SMA)
· Lower Band (LB): 1,803.87
· Analysis:
· The price is currently testing the Lower Band (1,803.87).
· Interpretation: When price touches or breaks below the lower band,