ETH price update
Ethereum (ETH) is trading at approximately $1,864.09.
Short-Term Outlook:
Recent analyses indicate that Ethereum's price has been fluctuating between $1,960 and $1,750, suggesting a potential breakout in the near future. Technical indicators, such as a bullish engulfing pattern on the weekly chart, imply strong momentum favoring buyers.
Mid to Long-Term Projections:
Forecasts for Ethereum's price by the end of March 2025 vary:
WalletInvestor: Approximately $1,873.11
AMBCrypto: Around $3,114.70
DigitalCoinPrice: Estimates $4,101.80
CoinPriceForecast: Predicts $2,705
PricePrediction: Projects $5,227
Additionally, some analysts anticipate that Ethereum could reach a new high of up to $5,000, potentially outperforming other altcoins by the end of the 2025 bull run.
