✅ Thanks for watching: ETHEREUM HUGE PUMP SOON !! ETHEREUM PRICE PREDICTION
🔥 Click here to Subscribe: https://bit.ly/3gWmEro
💻 Contact Us For Business Inquiries, Collaborations or Promotions
Synopsis: Ethereum price right now is $ 3146.59, with a 24 hour trading volume of $ 28.51B, market cap of $ 377.92B, and market dominance of 18.43%. The ETH price increased 2.83% in the last 24 hours. Ethereum reached its highest price on Nov 10, 2021 when it was trading at its all-time high of $ 4867.17. The lowest price since it’s ATH was $ 2174.36 cycle low. The highest ETH price since the last cycle low was $ 3277.99, cycle high. The Ethereum price prediction sentiment is currently bullish.
Ethereum’s current circulating supply is 120.10M ETH. In terms of market cap, Ethereum is currently ranked 2 in the Proof of Work sector. According to our current Ethereum price prediction, the value of Ethereum will drop by -9.52%, and reach $ 2839.75 by March 30, 2022. According to our technical indicators, the current sentiment is Neutral, while the Fear & Greed Index is showing Neutral. Ethereum recorded 67%, green days with 6.18% price volatility over the last 30 days. Based on our Ethereum forecast, it’s now a good time to buy Ethereum.
Based on today’s classical pivot point with the value of $ 3084.62, Ethereum has support levels of $ 3044.75, $ 2976.64, and the strongest at $ 2,936.77. Similarly, Ethereum resistance levels are at $ 3152.74, $ 3192.61, and $ 3260.72. To get a better idea of what could happen to the Ethereum price in the future, it’s helpful to also explore Ethereum’s price history. In the last month, the ETH USD pair is up 21.78%. The 1 year performance of ETH USD is 83.65%. Ethereum remained well bid above the $2950, support zone. ETH started another increase and cleared the $3050 resistance.
There was also a clear move above the $3120, level and the price settled above the 100 hourly simple moving average. It traded to a new multi-week high at $3147, and is currently showing positive signs. It is trading above the 23.6% Fib retracement level, of the upward move from the $3006 swing low to $3147 high. There is also a major bullish trend line forming, with support near $3050 on the hourly chart of ETH USD. On the upside, an initial resistance is near the $3150 level. The next major resistance is near the $3200 level. Ether price could start another surge if there is a clear move above the $3200, resistance. In the stated case, the price may perhaps rise towards the $3250 level. Any more gains might call for a move towards the $3350 resistance zone in the coming sessions.
If ethereum fails to start a fresh increase above the $3150 level, it could start a downside correction. An initial support on the downside, is near the $3110 zone. The next major support is near the $3070 level. It is near the 50% Fib retracement level of the upward, move from the $3006 swing low to $3147 high.
The main support is near the $3050 zone and the trend line. A downside break below the $3050 support zone, might push the price further lower. In the stated case, the price might drop to $3000. Moving averages are among the most popular Ethereum price prediction tools. As the name suggests, a moving average provides the average, closing price for ETH over a selected time period. For example, a 12 day simple moving average for ETH is a sum of ETH’s, closing prices over the last 12 days which is then divided by 12. In addition to the simple moving average, traders also use the exponential moving average. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
#ethereum
#eth
#crypto