Ether price prediction
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Ether ETH $3,103 turned down from the $3,350 level on Thursday, and the bears are attempting to sustain the price below the 20-day exponential moving average (EMA) ($3,125).ETH/USDT daily chart. Source: Cointelegraph/TradingView
If they succeed, it indicates that the bears remain sellers on rallies. The Ether price may drop to $2,907 and later to $2,716. The ETH/USDT pair could resume its downtrend on a close below $2,623.Conversely, if the price turns up from the current level and breaks above the $3,350 resistance, it signals the start of a new upward move. The pair may rise to $3,918 and then to $4,250.
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Ethereum’s outlook depends heavily on network upgrades and macro conditions.
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ETH remains a core asset despite short-term market uncertainty.