Alright, let's dive into the latest $ETH news and price analysis.
As of today, $ETH is trading at $3,362.65, showing a slight 0.50% decline from an hour ago but a 1.51% increase since yesterday. Over the past week, $ETH has seen a 3.47% decrease, but its monthly performance indicates a 10.06% decrease. The year-to-date performance, however, shows a healthy 74.31% increase.
On the technical side, $ETH has formed a large falling wedge pattern on the daily chart. If it breaks above the daily MA50 and the falling wedge resistance, it could potentially be the next 3X coin! The targets are set at $3,405.20, $3,491.50, $3,577.80, $3,664.10, and $3,750.40.
In terms of market capitalization, $ETH currently stands at $404.15 billion, with a 24-hour trading volume of $6.68 billion. The circulating supply is 120.19 million, out of a maximum supply of 120.19 million.
Keep in mind that the cryptocurrency market is highly volatile, and $ETH is estimated to be 1.10% volatile today. So buckle up and enjoy the ride!
Remember, investing in cryptocurrencies carries a high level of risk, and you should only invest what you can afford to lose.