$ETH

Ethereum (ETH) Analysis Today

Ethereum's looking a bit shaky today with a price of $4,431.71 USD, down -3.93% in the past 24 hours. The market cap is approximately $534.94 billion, ranking ETH #2 among all cryptocurrencies ¹.

Key Highlights

- *Recent Performance*: ETH's price jumped in August, approaching key resistance levels. Analysts suggest a sustained break above *$4,800* could propel ETH toward *$5,500–$6,000* by month-end.

- *Technical Analysis*: Ethereum is testing key support levels. If ETH maintains above *$2,000*, it could trigger a strong upside move.

- *Market Sentiment*: Institutional interest remains robust, with significant inflows into Ethereum ² ³.

Price Trends & Predictions

- *Support & Resistance Levels*: Current support levels are *$4,220*, *$4,205*, and *$4,190*, with resistance levels at *$4,250*, *$4,265*, and *$4,280*.

- *Potential Targets*: Analysts forecast ETH could target the *$4,500 to $6,000* range if momentum continues ⁴ ⁵.