$ETH

Predictions for the price of Ethereum (ETH) on November 29, 2024, suggest that the price of ETH could reach around 3,646.20 USD, with a slight increase compared to before. Some analysts believe that ETH has growth potential due to the adoption of Layer 2 solutions and the development of the DeFi sector on the Ethereum platform. If this continues, the price of ETH could test the range of 3,500 to 4,000 USD this November.

Despite positive forecasts, Ethereum is also facing some challenges. The decline in network activity and total value locked (TVL) in DeFi has put pressure on the price, leading to an increased circulating supply, which could negatively impact prices. Additionally, predictions from experts for 2024 suggest that the price of ETH could reach 25,000 USD if certain driving factors occur, such as the approval of the Ethereum Spot ETF.

In summary, in the short term, the maintenance of ETH at around 3,646.20 USD may indicate growth potential, but it is still necessary to monitor significant influencing factors from the market.