Disclaimer
This is not investment advice. The information provided is for general purposes only. No information, materials, services, and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Ethereum is up 3.06% today against the US Dollar.
- Ethereum is currently trading 20.22% above our prediction on Feb 24, 2025.
- Ethereum dropped -18.18% in the last month and is down -6.82% since 1 year ago.
| Ethereum price | $2,711.34 |
| Ethereum prediction | $2,255.40 (-17.31%) |
| Sentiment | Bearish |
| Fear & Greed index | 44 (Fear) |
| Key support levels | $2,609.53, $2,546.06, $2,474.73 |
| Key resistance levels | $2,744.33, $2,815.66, $2,879.13 |
ETH Price Forecast
ETH price is expected to drop by -17.31% in the next five days according to our Ethereum price prediction.
Ethereum is trading at $2,711.34 after gaining 3.06% in the last 24 hours, outperforming the total cryptocurrency market, which increased by 1.09%. In comparison, ETH recorded a 0.98% gain against Bitcoin.
According to our prediction, ETH is expected to reach $2,255.40 by February 24, 2025, representing a -17.31% decrease over the next five days.
Recent Ethereum Performance
Ethereum has shown a negative trend recently, losing -18.18% in the last 30 days and -18.68% over the past three months. The long-term outlook is also negative, with a -6.82% price decline over the past year. A year ago, ETH was trading at $2,909.86.
All-Time High Prices
Ethereum reached an all-time high of $4,867.17 on November 10, 2021. The current cycle high is $4,094.18, while its cycle low stands at $897.01. The one-month volatility of ETH is currently 9.61, indicating low volatility, with 14 green days recorded in the last 30 days.
Technical Analysis on February 19, 2025
Market sentiment for Ethereum is currently Bearish with the Fear & Greed index at 44 (Fear). Key support levels to monitor include $2,609.53, $2,546.06, and $2,474.73, while resistance levels are $2,744.33, $2,815.66, and $2,879.13.
Analysis Indicators
Currently, 8 indicators suggest a bullish outlook, while 23 indicators present a bearish forecast, leading to an overall bearish sentiment towards Ethereum.
Market Sentiment
The Fear & Greed index reflects a negative outlook on the market, which can indicate potential buying opportunities in times of hesitance among investors.
Moving Averages & Oscillators
| Period | MA3 | MA5 | MA10 | MA21 | MA50 | MA100 | MA200 |
|---|---|---|---|---|---|---|---|
| Daily Simple | $2,915.54 (SELL) | $2,835.16 (SELL) | $2,821.39 (SELL) | $2,840.17 (SELL) | $3,126.20 (SELL) | $3,305.77 (SELL) | $3,078.13 (SELL) |
| Daily Exponential | $2,878.78 (SELL) | $2,989.14 (SELL) | $3,140.47 (SELL) | $3,287.29 (SELL) | $3,359.00 (SELL) | $3,250.16 (SELL) | $3,112.22 (SELL) |
| Weekly Simple | – | – | – | $2,530.81 (BUY) | $3,203.37 (SELL) | $2,947.93 (SELL) | $2,429.35 (BUY) |
| Weekly Exponential | – | – | – | $3,134.27 (SELL) | $2,969.87 (SELL) | $2,691.47 (BUY) | $2,268.60 (BUY) |
Additional Indicators
- RSI (14): 38.87 (NEUTRAL)
- Stoch RSI (14): 100.00 (SELL)
- Stochastic Fast (14): 58.30 (NEUTRAL)
- Average Directional Index (14): 38.70 (BUY)
- VWMA (10): 2,677.92 (BUY)
- Hull Moving Average (9): 2,737.77 (BUY)
Conclusion
Considering the various factors, the current forecast for Ethereum is bearish, with a target price of $2,255.40, a -17.31% decrease anticipated in the next five days. Market sentiment, support/resistance levels, and other metrics should be monitored, keeping in mind the inherent volatility in cryptocurrency markets.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services, or content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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