Ethereum (ETH), known as the leading platform for smart contracts and decentralized applications, is in the spotlight today. We focus on ETH price prediction for the coming period. This article contains technical analysis from our premium environment.
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Technical analysis Ethereum (ETH)
A few days ago, the Crypto Insiders analyst team shared the following ETH analysis in the Premium environment. This analysis included the following prediction:
“We are noticing that ETH is losing some strength, and this is happening right in the blue zone we indicated, between $2,320 and $2,536. The price is currently around $2,400.
We expect a further rise to the top of this zone. Price could even make a small break above this zone, but that will likely be short-lived.
For the foreseeable future, it looks like ETH will temporarily fall to around $2,200. However, if the price also falls below $2,111, we should brace for further downside.”
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Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. These therefore serve exclusively educational purposes.
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