Ether price prediction

[etfs]

ETH $3,037 has reached the 20-day EMA ($3,109), which is likely to attract strong selling by the bears.
ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the 20-day EMA, the ETH/USDT pair could decline to $2,623. Buyers are expected to fiercely defend the $2,623 support, as a break below it may sink the Ether price to $2,400.

Alternatively, a close above the 20-day EMA suggests that the selling pressure is reducing. The pair could climb to the breakdown level of $3,350 and thereafter to the 50-day SMA ($3,541).

[Nahid Hossen]

ETH is building strength as network upgrades support long-term growth.

[Abdul Khan]

A clean break above resistance may open the door for a bigger rally.