Renzo Restaked ETH (EZETH) is currently priced at $3,377.39, exhibiting a slight decline of 1.24% over the last 24 hours. The daily trading range indicates significant volatility, with a high of $3,426.82 and a low of $3,282.50, reflecting a price fluctuation of 144.32% within the day.

Volume stands at 835,275, contributing to a low trading volume relative to market capitalization of 0.11%. The short-term moving averages show a mixed trend; the 8 SMA and 55 SMA are bullish at +0.91% and +1.73%, while the 21 SMA is neutral at -0.07%, indicating potential indecision among traders.

The 1-hour RSI is currently at 46, suggesting that EZETH is nearing a neutral stance, while the 7-day RSI at 54 indicates a mild bullish sentiment. Over the last week, EZETH has shown a price increase of 5.39%, supported by a stronger 14-day change of approximately 11%, yet the 30-day change reveals a slight overall decline of 1.58%.

The all-time high of $5,227.06, reached in August 2025, indicates significant upside potential if the current trend reverses. However, with the current price significantly below this peak, it remains essential to monitor key support levels, particularly near the 55 SMA at $3,319.91.

Given the mixed signals from moving averages and the RSI readings, the current market conditions suggest a cautious approach. The positive short-term momentum is offset by the recent price decline and overall market volatility, leading to a Hold rating for EZETH. This rating reflects an expectation of stabilization before a potential upward movement, making it prudent to wait for clearer bullish signals before entering new positions.