$ETH

The current price is around $4,666, with a daily range including a peak at $4,783 and a low at $4,492.

Ethereum is now close to its all-time high (ATH), which was around $4,891 in November 2021.

Technical Analysis

According to Investing.com:

Recommendations: "Strong Buy" on daily, weekly, and monthly time frames.

Indicators like RSI (~47) indicate neutrality, while short and long-term moving averages give mixed signals but tend to lean towards a positive trend.

Momentum and Additional Indicators

A MarketWatch report mentions that the recent growth of ETH is part of a "catch-up trade" to Bitcoin's record prices, supported by factors such as technological developments and clearer regulatory trends.

A MarketPulse report indicates that ETH has surpassed the $4,700 level, with a growth of 234% since April, attributing this to ETF launches and digital currencies.

There is a warning that 98% of ETH holders are currently in profit, which could lead to a potential correction if profit-taking begins.

Future Predictions

Standard Chartered raised its price forecast to $7,000 by the end of the year, supported by institutional flows and positive intentions towards the ETF market.

Other analyses suggest the currency's ability to surpass $5,000 if it breaks the current resistance consistently.

Multiple valuation studies see ETH potentially reaching up to $10,000 by 2025, supported by market indicators and investor sentiment.