$ETH
Ethereum (ETH) Analysis Today
Ethereum's current price is around $4,623.73, with a market cap of $558.12 billion. In the last 24 hours, ETH has seen a decrease of -0.66% ¹.
Key Highlights
- *Price Movement*: ETH has entered a powerful impulsive rally, signaling robust demand and renewed investor optimism.
- *Support & Resistance Levels*: Key resistance is at the all-time high of *$4,800*, with support at *$4,200*.
- *Market Sentiment*: Analysts predict Ethereum could target *$4,500 to $6,000* if momentum continues, fueled by the recent Pectra upgrade.
Technical Analysis Points
- *Bullish Targets*: If ETH maintains above *$2,000*, it could trigger a strong upside move toward $3,244.68, $3,813.21, and $4,504.37.
- *Pattern Analysis*: ETH is trading in a pattern that suggests a potential bullish move if it sustains above instant resistance areas.