Ethereum Price Forecast $ETH $

The latest price for one Ethereum/ETH coin is $2976. It has increased by 3% over the last 24 hours. 50.58% of the days, the ETH price closed above the opening. The highest price ever recorded in our database for one ETH is $4786, which was earlier, and currently, the price has fallen by -37.82% from that peak.

Out of 17 technical indicators, 12 are buy signals and 4 are sell signals, indicating that the forecasted sentiment for the short-term perspective is bullish based on price technical analysis. The first major resistance of the upward trend for ETH is at the level of $3061, it needs to close above this level to continue moving upward, and the lower support is at the level of $2899. Thus, if the price falls below $2899, we may see the price go even lower. On the other hand, if it can close above the $3061 level, it may rise to the next resistance level at $3215.

The 14-day Relative Strength Index (RSI) currently stands at 74.27, indicating overbought conditions, and overbought signals that the price may fall in the near future. $MOVR $PROS