Renzo Restaked ETH (EZETH) is currently priced at $3,041.46, reflecting a slight decline of 0.10316% over the last 24 hours. The asset has seen a daily trading range of 202.62%, with a high of $3,181.04 and a low of $2,978.42, indicating significant volatility in recent sessions.

The volume traded in the past 24 hours stands at 710,465, contributing to a volume-to-market cap ratio of 0.11%. The hourly moving averages show short-term bearish trends, with the 8 SMA at $3,100.92, down 1.92%, and the 144 SMA significantly lower at $3,204.40, down 5.08%, suggesting a potential downward pressure on prices.

The Relative Strength Index (RSI) indicates a balanced short-term market sentiment with a reading of 52 for the 1-hour period, while the 7-day RSI is at 43, signaling an oversold condition. This negative momentum is corroborated by a 7-day price change of -10.38%, a 14-day decline of -9.51%, and a 30-day drop of -8.77%, highlighting a bearish trend over the medium term.

Despite the price being significantly lower than its all-time high of $5,227.06 reached in August 2025, the current price remains above crucial support levels. However, the continued decline in the RSI and moving averages suggests caution, as the asset could be consolidating before a potential breakout.

Considering the current technical indicators and price action, a cautious Hold rating is recommended. The asset shows potential for recovery, but the bearish trends and oversold conditions warrant monitoring for any signs of upward momentum before making aggressive buying decisions.