Ethereum is Trading -10.31% Below Our Price Prediction for Mar 09, 2025

cryptonews.net 04/03/2025 - 11:17 AM

Disclaimer

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Market Summary

  • Ethereum is down -10.95% today against the US Dollar
  • ETH/BTC decreased by -2.18% today
  • Ethereum is currently trading 10.31% below our prediction on Mar 09, 2025
  • Ethereum dropped -32.61% in the last month and is down -40.82% since 1 year ago
Ethereum price $2,093.52
Ethereum prediction $2,334.22 (10.55%)
Sentiment Bearish
Fear & Greed index 15 (Extreme Fear)
Key support levels $2,026.39, $1,885.20, $1,645.30
Key resistance levels $2,407.47, $2,647.36, $2,788.55

Price Prediction

Ethereum’s price is expected to rise by 10.55% in the next 5 days according to our Ethereum price prediction. Ethereum is trading at $2,093.52 after losing -10.95% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -10.25% in the same time period. ETH performed poorly against BTC today, recording a -2.18% loss against the world’s largest cryptocurrency.

Past Performance

Ethereum has shown a negative trend recently, losing -32.61% in the last 30 days. The medium-term trend for Ethereum has been bearish, with ETH dropping by -43.68% in the last 3 months and a -40.82% change over the past year. Last year, ETH was trading at $3,537.28. Its all-time high was on Nov 10, 2021, at $4,867.17.

Market Sentiment

The sentiment in the Ethereum markets is currently Bearish, and the Fear & Greed index is reading Extreme Fear. Investors have a negative outlook on the market, suggesting caution.

Indicators Value Action
RSI (14) 34.71 NEUTRAL
Stoch RSI (14) 49.62 NEUTRAL
Average Directional Index (14) 43.31 BUY
VWMA (10) 2,464.91 BUY
Hull Moving Average (9) 2,152.53 BUY

Conclusion

The current forecast for Ethereum price prediction is Bearish. ETH must increase by 10.55% to reach our $2,334.22 target in the next five days. It is crucial to monitor market sentiment, support and resistance levels, and other metrics moving forward, keeping in mind the unpredictability of cryptocurrency markets.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Fear

    34