#ETHMarketWatch Ethereum's current price is around $2,647.46, with a 3.75% increase in the last 24 hours. The market cap is approximately $319.62 billion, and the 24-hour trading volume is around $26.42 billion. Here are some key metrics to watch ¹ ²:
- *Current Price*: $2,647.46
- *Market Cap*: $319.62 billion
- *24h Trading Volume*: $26.42 billion
- *Circulating Supply*: 120.73 million ETH
- *All-Time High*: $4,868.80 (November 10, 2021)
Some analysts predict Ethereum's price could reach $40,000 in the long term, while others forecast potential dips to $2,300 due to thin liquidity and market volatility. Key support levels to watch are $2,378, $2,272, and $2,172, with resistance levels at $2,555 and $2,626.
*Technical Indicators:*
- *MACD*: Bearish momentum
- *EMA*: Acting as resistance
- *Trendline Break*: Bearish signal
*Future Projections:*
- *Short-term*: Potential dip to $2,300 or rally to $2,800
- *Long-term*: Potential growth to $40,000 or more, with some analysts drawing parallels to early Amazon and Microsoft ³ ⁴
