#CryptoRoundTableRemarks Ethereum Price Forecast
The latest price for one Ethereum/ETH coin is $2,771. The price has decreased by -1% in the last 24 hours. The highest price ever recorded in our database for one ETH is $4,786; the current price is down by -42.12% from this peak.
Out of 17 technical indicators, 12 are calling for a buy, and 3 for a sell. The short-term sentiment is bullish, based on technical analysis. The first significant resistance to the upward trend for ETH is at $2,797; it needs to close above this level to continue moving up, while the lower support is at $2,585. This means if the price falls below $2,585, we might see it go even lower. On the other hand, if ETH closes above the $2,797 level, the price may rise to the next resistance level at $2,940.
The 14-day Relative Strength Index (RSI) is 56.51, indicating Neutral conditions, meaning that the market is currently neither oversold nor overbought.
On the daily chart, the exponential moving averages show a bullish signal. The price of Ethereum is currently above all 10, 20, 50, 100, and 200-day EMAs.
Historically, the price of ETH on the last day of June has been above the opening price three times out of 10, and 7 out of 10 the price was below the beginning of the month. The best month was February over the last eleven years, where eight times at the end of February the price of ETH was higher than the price at the beginning of the month. The worst month is June, where seven times out of 11 the price at the end of June was lower than the starting price. Check the monthly performance for more details.
There have been four bull rallies, the first peak was in 2015 when Ethereum reached $3.54; after 75 days, the price fell to a low of $0.4830 before the next bull rally. Since August 2015, it took about 1 year to set a new high. The last bull market was in November of that year, and since then 1310 days have passed. The minimum time required for ETH to reach a new high is 314 days, and the maximum is 1377 days.
Ethereum forecast, the price of ETH may reach $2,799 in the next 10 days, while the long-term forecast for 2025 will be $2,518, and the forecast for 2030 is $5,559.
