$ETH is currently trading at $2564.75, and according to CoinCodex's price prediction, it's expected to reach $2629.35 tomorrow, representing a 1.74% growth. The overall sentiment is bullish, with 26 technical analysis indicators signaling bullish signals and 7 signaling bearish signals.
Key Indicators:
- Fear & Greed Index: 71 (Greed), indicating a potentially overbought market
- Relative Strength Index (RSI): 71.23, suggesting the price might increase
- 50-Day SMA: $1883.05, expected to hit $2013.64 by June 15, 2025
- 200-Day SMA: $2521.79, predicted to drop to $2363.64 by June 15, 2025
Short-Term Price Targets:
- May 17, 2025: $2629.35 (1.74% growth)
- May 18, 2025: $2417.46 (6.46% growth)
- May 19, 2025: $2441.59 (5.53% growth)
Long-Term Forecast:
- 2025: Average price $1577.20, potential ROI 30.30%
- 2030: Average price $2725.19, potential ROI 24.28%.
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