ETH Price Prediction: Is $3,000 Coming?

Trading at $3,308, Ethereum price has lost support from the 50- and 100-day exponential moving averages (EMA) and is also below the $3,336 support line. This leaves ETH very vulnerable to testing the next key price point as support, which is $3,031.

A drop to this level is possible, and if the above continues, ETH could also fall below $3,000.