$ETH (1D)
Current Price $2815.43
Market Cap $338.40B
Change 1h -0.72% | 24h -3.77%
Daily Indicators:
• RSI: 28 - Oversold 🔴
• MACD: -92 - Bearish 🔴
• EMA: 3241 - Below 🔴
Analysis: Ethereum is currently testing a critical support level around $2,800. A successful hold could trigger an upward trend, potentially leading to hefty gains. The chart suggests that after some initial volatility, a bullish trend may take over towards the end of 2024 into 2025.
Price Targets: Short-term support levels are at $2,800, $2,503.93, and long-term potential targets include reaching $12,500+ by 2025. Staying above the support could steer Ethereum toward the higher price targets, making it an enticing buy for long-term investors.
