ETH price on August 15th is 2.100$ because death cross bitcoin eth will follow the decline If Bitcoin goes down, Ethereum (ETH) often follows the trend because both are influenced by similar market sentiments. As two major cryptocurrencies, Bitcoin's price movements can affect the overall crypto market, including ETH, which usually moves in line with Bitcoin's fluctuations.

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$ETH Price Prediction on August 15th = $2,774.74

As of 10 August 2024, the Ethereum price is trading at $2,619.20350197, with a market cap of $314,902,423,685. The technical chart on the weekly time frame shows the ETH price is developing a bullish reversal pattern called the rounding bottom.

If the bullish trend persists, Ethereum might ride the wave of optimism, seeing its value grow steadily. Minimum prices could plant themselves at $2,669.31, with a chance for a spring rally pushing maximums to $2,783.17.

ETH is presently ranked No. 2 in the entire crypto ecosystem. The real-time price of ETH to USD is $2,616.0086

Indicators show that the market sentiments of Ethereum are mixed, still the 24hour volume is $5352620902.

Ethereum Price is expected to move exponentially in 2024. The highest forecast for ETH in 2024 is $3,173.13 and the lowest at $2,939.25.

It is anticipated that Ethereum price will be at an average price of $3,056.19 in 2024, setting the pace for higher levels in 2025.

-Minimum Price: By 2024, Ethereum could stabilize around a minimum of $3,420.98
-Maximum Potential: The upper limit might reach an impressive $3,173.13Average.

Trading Price: On average, expect Ethereum to trade around $3,056.19.

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Prediction $ETH on August 15, 2024 at 06.00 WIB is estimated to be at a price of $2,850.50.

The reason behind this prediction is from the signal from the MACD indicator on the "1D" timeframe showing a bullish crossover, which indicates a potential price increase. In addition, the trading volume of $ETH has also increased 📈 significantly in the last few days, adding to the belief that the bullish momentum will continue until mid-August. Thus, this condition supports a higher price prediction on that date.

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In my opinion, based on the existing market trend, ETH can be traded at $2705 on August 15, 2024. I can provide analysis based on market trends, fundamental factors, and sentiments that affect crypto prices.

ETH Market Analysis:

Historical Trends: Ethereum has shown high volatility over the past few years. ETH price is often influenced by technical updates (such as network upgrades), DeFi developments, and trends in the overall crypto market.

Network Development: If Ethereum rolls out a major network update or upgrade near August 2024, it could positively affect the price. For example, an increase in network scale or adoption of new technologies could boost investor confidence.

Market Sentiment: Crypto market sentiment is often influenced by global news, government regulations, institutional adoption, and also Bitcoin price movements. As the second largest crypto asset, ETH tends to follow the same trend as Bitcoin, albeit with greater volatility.

Technical: Technical analysis (such as candlestick patterns, RSI, MACD, and support-resistance indicators) can provide guidance on potential price direction. However, technical analysis requires up-to-date historical price data to provide more accurate predictions.

External Factors:

Regulation: Regulatory changes in major markets such as the US, EU, or China can significantly affect the price of ETH. Announcements that support crypto adoption or, conversely, tighten regulations will have a significant impact.

Macroeconomics: Global economic conditions, such as inflation, interest rates, and market liquidity conditions, also affect the price of ETH. For example, if the global economy is in an expansionary phase, high liquidity can support the price of crypto.

Competition: The emergence of new blockchains or significant upgrades from other networks can pose a threat to Ethereum, which can affect its price.

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ETH on August 15th may rise first to the price of $ETH $2,900 where eth will rebound again
After a correction, the price often rebounds as the market seeks a new balance after a decline. Corrections can create attractive buying opportunities and correct previously overvalued values. Rebounds occur when investors see a more reasonable price and start buying again, pushing the price up to a more stable level or even starting a new trend.

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ETH Price Prediction

ETH Price Prediction on August 15th at 06:00 WIB is $2,740

ETH price today on August 14th at 09:50 is $2,707 seeing the market which tends to be stable but has the potential to be bearish or increase slightly, so I see the potential to go back up to $2,740 approaching the ath on the previous day on the 13th based on the 1 hour chart.

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This week the price of $ETH has increased compared to last week.
Last week, precisely on August 5, 2024, the price of $ETH touched $2,111. and then increased slowly.

I predict the price of ETH on August 15, 2024 at 06:00 around $2,725.

If the price of $BTC in the next 2 days does not experience a drastic decrease, then maybe my prediction about the price of ETH could happen.

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My prediction for the ETH price on August 15th is $2,697.31. I see the ETH price tending to be stable and increasing for the past few days and hopefully the prices of other cryptos will also be stable and increase even though we know the economy is declining due to the increasingly widespread news of war.

My prediction is $ETH $2,746 The reason is because technically ETH/USDT has the potential to test the resistance in the daily time frame. In terms of US macroeconomics, waiting for economic data such as Core Inflation Rate / CPI and PPI whether they are in accordance with the consensus or not.

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ETH Prediction August 15 $2,400 Because Market Tends to Sideway and Correction. Market Sideaway is a term that refers to a market condition where the price of an asset, such as stocks or cryptocurrencies, moves sideways for a certain period of time. In this condition, the price does not show a clear uptrend or downtrend, but tends to move in a relatively stable price range.
This situation often occurs after a period of high volatility or before a new trend. Investors usually see this pattern as a period of consolidation where the market waits for new signals or data to determine the next direction.

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ETH price on August 15 at 6 am is 2.550$ because the price is still sideways The ETH Sideaway market price refers to the Ethereum price on the Sideaway platform which is stable and does not show a significant trend. In this condition, the ETH price moves sideways in a certain price range without showing a clear trend direction, reflecting the balance between supply and demand.

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what is the price of ETH on August 15th in my opinion is $2,690 because the ETH decline has been significant and will likely retest to the 23.6% Fibonacci retracement
The Fibonacci scale in technical analysis refers to the use of the Fibonacci series to predict support and resistance levels. Based on the Fibonacci numbers (0, 23.6%, 38.2%, 50%, 61.8%, and 100%), this scale helps identify potential price turning points by analyzing market patterns and retracements.

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According to my estimate, the price prediction for $ETH on August 15, 2024 at 06:00 WIB is $ 2,595

Why do I predict ETH at a price of $ 2,595 is because on Monday morning ETH experienced a fairly deep decline, from $ 2,720 it fell gradually and finally fell to $ 2,510.
The good news is that ETH is rising again, although slowly.
So it is not impossible that ETH on August 15, 2024 morning could touch a price of $ 2,595.

This is just my analysis as a beginner. I hope my analysis is correct.

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What is the price of ETH on August 15th, in my opinion, ETH will correct to $2,300 because seen from the bitcoin timeframe 1 Deathcross

What is Deathcross? Death cross is a term in technical analysis that describes a bearish pattern or bearish signal on an asset's price chart. This occurs when a short-term moving average, usually the 50-day MA, crosses below a long-term moving average, such as the 200-day MA.
Death cross is often considered an indication that the market may be entering a bearish or bearish phase. This signal suggests that downward momentum may be stronger than upward momentum, which could push prices lower in the short to medium term.

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