Ethereum Price Prediction & Forecast for 2024 to 2030: Mudrex Research Team
As of today (date or Month), the current price of Ethereum (ETH) is approximately $2,679.08 USD and ₹221,285 INR. Over the past few months, Ethereum has experienced significant price fluctuations, with notable increases and decreases in its value. Recent market trends suggest a growing interest in Ethereum, driven by its expanding ecosystem and partnerships.
On August 9th, Ethereum (ETH) dropped to a low of $2,100 during a market crash, a level last seen in December 2023. However, ETH rebounded and is now likely to retest the $2,845 to $3,000 range.
If optimistic news emerges, ETH may break through this level and reclaim its previous price range. The current market sentiment for Ethereum is bearish, with the Fear & Greed Index at 48 (Fear).
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The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»Over the past 30 days, ETH has recorded 14 green days out of 30, with a price volatility of 4.80%. The 50-day, 100-day, and 200-day moving averages stand at $2,672, $2,662, and $2,641, respectively, while the Relative Strength Index (RSI) is at 38.57, indicating a neutral market condition.
Based on these factors, Ethereum's price is expected to remain stable in the short term, fluctuating between $2,660 and $2,800, with a potential peak of $3,000 within the next 30 days.
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