Annual Price Predictions for Ethereum (in USD):
- 2025: Low (1,471.36) - Average (2,397.30) - High (3,687.14).
- 2026: Low (1,618.50) - Average (2,637.03) - High (4,055.86).
- 2027: Low (1,780.35) - Average (2,900.74) - High (4,461.45).
- 2028: Low (1,958.38) - Average (3,190.81) - High (4,907.59).
Key Points in Technical Analysis:
1. Current Price Action:
- Downward trend with a temporary rise above resistance at $2,430.60, but the price has decreased by -13.82% since the beginning of 2024.
2. Relative Strength Index (RSI):
- Weekly RSI reading: 45.90 (downward trend), with potential resistance at level 50.
3. Moving Averages:
- Weekly: Neutral trend, with the price trading below the 50 and 200-day moving averages.
4. MACD Indicator:
- Long-term bearish signal, with the signal line moving below zero for 50 weeks.