Market Overview for Ethereum/Eurite (ETHEURI)

Summary
• Price drifted lower in 24 hours, closing near 2639.0 after testing a high of 2664.98.
• A large bearish reversal candle formed near 2662.33, followed by consolidation below key resistance at 2649.0.
• Volume remained subdued except for sharp spikes in late-night activity at 2610.0 and 2639.0.
• RSI entered oversold territory briefly, suggesting limited upside momentum and potential for a rebound.
• Bollinger Bands constricted during the overnight range, then expanded as bearish pressure emerged.

Ethereum/Eurite (ETHEURI) opened at 2649.58 on 2025-12-13 at 12:00 ET, reached a high of 2664.98, fell to a low of 2610.0, and closed at 2639.0 on 2025-12-14 at 12:00 ET. Total traded volume was 8.6286 units, with a notional turnover of approximately $23,044.32 (assuming EUR pricing and standard lot sizes).

Structure & Formations

Price formed multiple bearish reversal patterns including a dark cloud cover and a long-legged doji around 2662.33. The subsequent bearish thrust below 2649.0 confirmed a breakdown from a short-term resistance level. A key support zone appears to be forming near 2639.0, marked by a large-volume candle and two confirmatory close.

Moving Averages and Momentum

On the 5-minute chart, the 20- and 50-period moving averages have converged in a bearish bias, with price currently below both. The 50-period line is acting as dynamic resistance. RSI has dipped into oversold territory, which could indicate a short-term pullback. MACD has flattened, signaling waning momentum but not necessarily a reversal.

Volatility and Volume

Volatility increased late in the 24-hour cycle, marked by a sharp drop to 2610.0 and a rebound toward 2639.0. Notional turnover surged during the 2610.0–2639.0 bounce, which aligns with price action. The overall volume profile appears to confirm the bearish move, with no significant divergence between price and volume.

Fibonacci and Bollinger Bands

Fibonacci retracements on the most recent 5-minute swing (2610.0 to 2664.98) suggest 2631.0 and 2649.0 as key levels. Bollinger Bands showed a narrow range overnight before a violent expansion as price broke down. Price has since remained near the lower band, indicating weak conviction in the upside.

Outlook

Ethereum/Eurite may test the immediate support at 2631.0–2639.0 in the next 24 hours. A break below 2631.0 could extend the correction toward 2610.0. While RSI suggests limited upside momentum, a rebound could be attempted if buying pressure builds at the key support level. Investors should monitor for any volume divergence or reversal patterns in the coming session.