Ethereum is Trading -10.86% Below Our Price Prediction for Mar 05, 2025

cryptonews.net 28/02/2025 - 13:05 PM

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 Ethereum Market Status

  • Ethereum is down -10.23% today against the US Dollar.
  • ETH/BTC decreased by -2.28% today.
  • Ethereum is currently trading 10.86% below our prediction on March 5, 2025.
  • Ethereum dropped -32.80% in the last month and is down -39.06% since one year ago.
Ethereum price $2,115.67
Ethereum prediction $2,373.55 (12.32%)
Sentiment Bearish
Fear & Greed index 16 (Extreme Fear)
Key support levels $2,241.08, $2,176.34, $2,107.59
Key resistance levels $2,374.56, $2,443.31, $2,508.05

Forecast for ETH Price

ETH price is expected to rise by 12.32% in the next 5 days according to our prediction. Currently, it is trading at $2,115.67 after losing -10.23% in the last 24 hours. The performance is weak compared to the overall cryptocurrency market, which decreased by -9.18% in the same period.

According to our Ethereum price prediction, ETH could reach $2,373.55 by March 5, 2025, suggesting a 12.32% increase in the next 5 days.

Recent Performance Overview

In the last 30 days, Ethereum has noted a -32.80% loss. The mid-term trend is bearish, with a -42.81% loss in the last 3 months. The long-term picture shows Ethereum is down -39.06% over the past year, having traded at $3,471.45 last year on this date.

Ethereum’s all-time high was on November 10, 2021, at $4,867.17. Significant fluctuations are observed, with a cycle high of $4,094.18 and a cycle low of $897.01. Recently, the market has displayed low volatility; the last month’s volatility is at 8.29 with 14 green days.

Technical Analysis (February 28, 2025)

The sentiment in the Ethereum market is currently bearish, with a fear & greed index reading of 16 (Extreme Fear). Critical support levels include $2,241.08, $2,176.34, and $2,107.59, while resistance levels are $2,374.56, $2,443.31, and $2,508.05.

Sentiment Analysis

Out of 32 indicators, 29 show a bearish forecast, while 3 indicate bullish trends. The majority of indicators, 91%, favor a negative outlook for Ethereum.

Fear & Greed Index

The current fear & greed index suggests Extreme Fear, indicating a negative market sentiment that may provide a buying opportunity for investors considering the broader context.

Moving Averages & Oscillators

Period Value Action
RSI (14) 30.34 NEUTRAL
Stoch RSI (14) 19.81 BUY
Stochastic Fast (14) 9.85 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 36.78 SELL
MACD (12, 26) -10.29 NEUTRAL

Conclusion

Considering all factors, the Ethereum price prediction is bearish. For ETH to hit our target of $2,373.55 in the next five days, it must rise by 12.32%. It’s important to monitor market sentiment, support and resistance levels, and other indicators as the cryptocurrency sector remains volatile.

Disclaimer

This is not investment advice. The information provided is for general purposes only. Seek independent professional consultation before making any investment decision.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Fear

    34