Ethereum (ETHUSD) declined during its latest intraday trading, announcing the stability of the key resistance level at $2,195. This comes with the beginning of a bearish crossover of the relative strength indicators, which may temporarily limit recovery attempts in the near term.
However, this does not alter the broader bullish structure, especially as the price continues to move along an upward supportive trendline and remains above its EMA50, which still provides positive dynamic support and reinforces the potential for recovery.