Signal ETHUSD Sell — D1 - April 29, 2026 23:02 GMT-4
The daily chart of ETHUSD reveals a bearish trend, with the price experiencing a significant decline from its peak of 2463.37 on 2026-04-24 to its current level of 2253.09 on 2026-04-29. The Relative Strength Index (RSI) has been consistently below 50, indicating a bearish momentum. The Moving Average convergence Divergence (MACD) has also turned bearish, with a strong sell signal. The price is currently trading below its 20-period and 50-period moving averages, further supporting the bearish trend. The volume has been increasing, indicating a strong bearish move. Based on this technical analysis, we expect the price to continue its downward…