--- title: "Ethereum: 3D momentum turns bearish beneath a twin ceiling near 2,425" published: 2026-11-04T06:17:12.567928+00:00 type: technical_read scope: ETH canonical: https://www.moonwire.org/insights/eth-technical-read-2026-11-08.html tags: [eth, technical-analysis, momentum, resistance, trend] --- # Ethereum: 3D momentum turns bearish beneath a twin ceiling near 2,425 > Ethereum's 3D momentum has crossed from neutral into the bearish band, with RSI at 44.76, while the 3D and weekly scans name nearly the same nearest resistance at 2,424.89 and 2,425.47. Alignment stays conflicting, and the 3D floor has stepped down to 2,197.22. ## Key takeaways - 3D momentum crossed from neutral into the bearish band, with RSI moving from 47.49 to 44.76. - The 3D and weekly scans name nearly the same nearest resistance, 2,424.89 and 2,425.47, with the 3D 20-period EMA at 2,428.56 beside it. - The 3D nearest support has stepped down to 2,197.22 after the 2,344.43 and 2,220.36 levels left the ledger. - The weekly trend still reads up but weak, and its MACD histogram narrowed from 34.28 to 14.47. - Alignment remains conflicting, with the monthly trend down and price below both of its 20-period averages. ## What changed since the previous read The previous read had [Ethereum](/s/MMSdHldPQYu_teda6f8wnw?p=a7054b72a757) at 2,355.84 with a strong 3D downtrend and momentum neutral on every timeframe. Price now sits at 2,294.35, a change of -2.61%. The material change is on the 3D momentum band: [RSI](https://www.moonwire.org/insights/glossary/relative-strength-index.md) moved from 47.49 to 44.76, a change of -2.74, crossing from neutral into the bearish band. The 3D support ledger has also shifted. Last week the nearest floor was 2,344.43 with 3 touches, followed by 2,220.36 with 1 touch; neither appears now, and the nearest 3D support is 2,197.22 with 2 touches. The monthly ledger was rebuilt as well, with new nearest levels on both sides. The trend labels held, and the alignment remains conflicting. ## Multi-timeframe read The directions are the same as last week: 3D down, weekly up, monthly down. That keeps the alignment label at conflicting, with the weekly uptrend as the outlier between 2 downtrends. **3D.** Price is below the [20-period EMA](https://www.moonwire.org/insights/glossary/moving-average.md) at 2,428.56 and the 20-period SMA at 2,492.36. The trend is down and graded strong, with an [efficiency ratio](https://www.moonwire.org/insights/glossary/efficiency-ratio.md) of 0.6713, slightly below the 0.7216 of the previous read. Momentum is now bearish, with RSI at 44.76. The MACD line at 9.14 sits below its signal line at 63.57, and the histogram reads -54.43, little changed from -54.02 last week. **Weekly.** Price holds above the 20-period EMA at 2,236.09 and the 20-period SMA at 2,222.14, so the trend reads up, but the efficiency ratio of 0.1432 grades it weak. RSI at 49.29 is neutral, a change of -1.89. The MACD line at 50.52 is above its signal line at 36.05, but the histogram has narrowed to 14.47 from 34.28 in the previous read. **Monthly.** Price is below the 20-period EMA at 2,361.25 and well below the 20-period SMA at 2,638.90. The trend is down and weak, with an efficiency ratio of 0.0517. RSI at 47.11 is neutral and almost unchanged, a change of -0.21. The MACD line at -149.74 is below its signal line at -111.54, with a histogram of -38.20. The weekly is the only timeframe still above its averages, and its MACD spread is thinning, while the 3D has added a bearish momentum band to its strong downtrend. ## Levels and zones The standout feature is the ceiling. The 3D scan names a nearest resistance of 2,424.89 with 3 touches, and the weekly scan names 2,425.47 with 2 touches: effectively the same shelf seen from both timeframes, at computed distances of 5.69% and 5.71%. The 3D 20-period EMA at 2,428.56 sits right alongside it. Beyond that, the weekly ledger lists 2,808.79 with 4 touches, and the monthly nearest resistance is now 2,807.34 with 1 touch, replacing the 3,580.34 of the previous read, at a computed distance of 22.36%. On the downside, the 3D nearest support is 2,197.22 with 2 touches, at a computed distance of -4.23%. The weekly nearest support is 2,124.61 with 4 touches, at -7.4%, and the monthly now lists 2,111 with 1 touch at -7.99%, a new level above the 1,352.44 shelf with 6 touches. Last week's monthly ledger had only 1,548.08 with 8 touches; that level is no longer listed. No timeframe shows an unmitigated bearish [order block](https://www.moonwire.org/insights/glossary/order-block.md), and the monthly shows no order blocks at all. The nearest bullish zones sit well below price: on the 3D between 1,863.67 and 1,925 (28 bars old), and on the weekly between 1,853.62 and 1,931.57 (12 bars old). The 3D ledger lists 1,938.82 with 1 touch just above those zones. --- *MoonWire surfaces and summarizes public crypto news.* **General information only — not financial advice.** MoonWire Ltd. is not licensed by ASIC and holds no AFSL. 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