The Ethereum (ETH) price has increased by 4% in the past 24 hours, but it is still down 17% over the last month. ETH has been struggling to stay above the $3,000 level, which is a key area that could impact its next move. Technical indicators such as the Relative Strength Index (RSI) and Directional Movement Index (DMI) suggest that the recent bullish momentum is fading. The RSI has dropped from a high of 68.9 to 54.8, indicating a cooling off in bullish momentum. The DMI chart shows a decline in trend strength, with buyers losing dominance and sellers becoming more active. If the trend reverses, ETH could test support levels at $3,158 and $3,014, and potentially decline to $2,723. On the other hand, if the uptrend regains strength, ETH could test resistance levels at $3,545, $3,745, and potentially reach $4,106.



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