$ETH Ethereum's current price is 1,560, with a market capitalization of 188.27 billion dollar. Here's a breakdown of its recent performance and key statistics :
- Price Change: 1.88% in the last 24 hours, with a 24-hour high of 1,580 and a low of 1,400
- Market Trends: Ethereum's realized capitalization has increased by 61 billion dollar, reflecting a 32% growth since the FTX crash in November 2022
- Trading Volume: 21.41 billion dollar in the last 24 hours, with a volume-to-market cap ratio of 0.1082
๐Technical Analysis
Ethereum's technical indicators are mostly bearish, with the Relative Strength Index (RSI) showing a neutral signal. The Moving Average Convergence Divergence (MACD) is stuck in the negative region, indicating bearish momentum .
โ๏ธKey Support and Resistance Levels
- Support Level: 1,382, which could be a potential drop if bearish conditions persist
- Resistance Level: 2,036, which could be a target if Ethereum's price breaks above the 20-day Exponential Moving Average (EMA).
๐Expert Predictions
Some experts predict a potential reversal, with prices reaching 2,435 if the broader market condition becomes highly bullish. Others see a bearish trend, with a possible drop to 1,382.