#ETH/USDT #ethupdates $ETH
*Current Price*: Ethereum's current price is $2,644.60, with a slight increase from its closing price of $2,627.5 today. However, another source indicates the current price is around $2,666.02, with a 3.08% rise in the last 24 hours.
*Market Performance*:
- *24-hour Range*: $2,629.55 – $2,700.22
- *7-day Range*: $2,480.54 – $2,720.76
- *1-month Performance*: 45.17% increase
- *1-year Performance*: -30.92% decrease
*Technical Analysis*: $ETH is showing a strong bullish trend, forming higher highs and higher lows. It’s currently ranging in an accumulation zone below key resistance, with potential to target $3,000+. Some traders predict a breakout above the current range could send the price flying ¹.
*Trading Insights*:
- *Support Zone*: $2,420-$2,435
- *Resistance Zone*: $2,550-$2,700
- *Predicted Target*: Some analysts predict Ethereum could reach $2,808 in the coming days, while others forecast a potential drop in June ¹.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on current trends and analyst opinions ².