Ethereum (ETH) is trading at approximately $2,522.52, reflecting a slight decline of 0.04% in the last 24 hours. The cryptocurrency has seen some volatility throughout the day, with an intraday high of $2,641.73 and a low of $2,494.41. The pullback aligns with wider market movements amid global economic uncertainty.
In this article, we will find ETH Next target and look at technical indicators and news.
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ETH Next Target
- Current Price: $2,522.52
- 24h Price Change: -0.04%
- 24h Range: $2,494.41 – $2,641.73
- Market Cap: ~$303.21 billion
- 24h Trading Volume: ~$5.2 billion
- Circulating Supply: ~120.72 million ETH
- Total Supply: ~120.72 million ETH (Ethereum has a dynamic supply, but this is the latest available)
There are signs of bullish trend reversal: Price had a bullish breakout from Falling Wedge pattern and above multiple resistance levels. It is now approaching (for third time) $2,760 horizontal resistance and 200-day Moving Average (200 SMA at $2,700).
If it breaks above $2,760, price could revisit $3,000 next. Fundamentally, there’s a potential positive catalyst in 2025: if US regulators allow ETH Spot ETFs to stake Ethereum.Â
📈 Key Technical Indicators
- Relative Strength Index (RSI): ~38 (shows neutral-to-bearish momentum)
- MACD: Bearish crossover, indicating potential downward movement
- Support Levels: $2,450, $2,400
- Resistance Levels: $2,600, $2,700
- Trend: Consolidating, with mild bearish sentiment
📰 Latest Ethereum News Highlights
- ETH under pressure: Ethereum slipped below $2,550 amid broader market correction tied to geopolitical developments and reduced investor risk appetite.
- Whale activity slowing: Large ETH transactions have decreased.
- DeFi ecosystem steady: Despite price dip, Ethereum-based DeFi protocols continue showing healthy user activity and TVL.
👉 Short-Term Outlook: Neutral to Bearish
📉 Risk Level: Moderate due to ongoing market volatility
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