Ethereum Price Puzzle: $7,000 vs. $2,400?
Ethereum is facing a price puzzle, with forecasts varying from $7,000 to $2,400. The price is waiting for external factors, and liquidities continue to play a significant role in deciding the price of Ethereum.
Key Points- Present Price: Ethereum has started December with a price that is lower than the close of last year, implying increasing unpredictability following a volatile November.
- Liquidity: The experts state that the markets are expecting external catalysts, but the close at $3,000 per month indicates balance, not strength.
- Support Level: The major support level is approximately at $2,800, a break below which may open the way to $2,400-$2,500.
ETH
3,105.5
+1.22%
