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.
Current Market Data
- Ethereum is down -4.09% today against the US Dollar
- Ethereum is currently trading 8.86% above the prediction made on Jul 12, 2023
- Ethereum dropped -0.75% in the last month and is up 56.28% since one year ago
| Feature | Value |
|---|---|
| Ethereum price | $1,862.41 |
| Ethereum prediction | $1,710.76 (-8.14%) |
| Sentiment | Neutral |
| Fear & Greed index | 55 (Greed) |
| Key support levels | $1,822.52, $1,788.78, $1,721.88 |
| Key resistance levels | $1,923.16, $1,990.06, $2,023.80 |
Price Prediction
ETH is expected to drop by -8.14% in the next 5 days, reaching $1,710.76 by Jul 12, 2023.
Recent Performance
Ethereum is currently trading at $1,862.41 after losing -4.09% in the last 24 hours. The total crypto market cap decreased by -2.21%. ETH recorded a -0.76% loss against Bitcoin today.
30-Day Overview
Ethereum has displayed a negative trend recently, losing -0.75% in the past 30 days. The medium-term trend is bearish with a -0.21% drop over the past 3 months, but the long-term picture is positive with a 56.28% increase in the last year.
All-Time High and Volatility
Ethereum reached its all-time high at $4,867.17 on Nov 10, 2021. The current cycle high is $2,182.43 and the cycle low is $897.01. Recent volatility is low with a 1-month volatility of 4.57. Ethereum recorded 15 green days in the last 30 days.
Market Sentiment and Indicators
The market sentiment for Ethereum is Neutral, with the Fear & Greed index reading Greed at 55. This indicates optimism among investors, although it might suggest that the market is overvalued. Key support levels are at $1,822.52, $1,788.78, and $1,721.88, while resistance levels stand at $1,923.16, $1,990.06, and $2,023.80.
Technical Indicators
Moving Averages
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
|---|---|---|---|---|
| MA3 | $1,902.70 (SELL) | $1,856.26 (BUY) | – | – |
| MA5 | $1,919.17 (SELL) | $1,891.07 (SELL) | – | – |
| MA10 | $1,902.33 (SELL) | $1,900.55 (SELL) | – | – |
| MA21 | $1,854.94 (BUY) | $1,875.09 (SELL) | $1,792.12 (BUY) | $1,780.42 (BUY) |
| MA50 | $1,836.52 (BUY) | $1,849.32 (BUY) | $1,596.98 (BUY) | $1,774.43 (BUY) |
| MA100 | $1,862.05 (BUY) | $1,816.80 (BUY) | $2,299.84 (SELL) | $1,841.12 (BUY) |
| MA200 | $1,697.87 (BUY) | $1,754.24 (BUY) | $1,575.28 (BUY) | $1,617.68 (BUY) |
Additional Indicators
| Indicator | Value | Action |
|---|---|---|
| RSI (14) | 57.35 | NEUTRAL |
| Stoch RSI (14) | 11.43 | BUY |
| Average Directional Index (14) | 25.34 | SELL |
Conclusion
The current forecast for Ethereum’s price prediction is Neutral. Monitoring market trends, sentiment, and other factors remains essential given the inherent volatility in the cryptocurrency markets.
Disclaimer: This is not investment advice. The information provided is for general purposes only. Consult professionals before making any investment decisions.
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