CandleFocus Ethereum (ETH) Price Prediction for February 10
2025-02-10
Author: Content Editor
The price of Ethereum has increased slightly since yesterday, and buyers seem to be in control of the market at the start of the week. On the hourly chart, ETH is approaching a local resistance level of $2,684, and there is a chance it could test the $2,700 level if buyers maintain control. However, on larger timeframes, the price movement is less clear, and ETH has not gained enough momentum for a significant move. Sideways trading between $2,600 and $2,700 is the more likely scenario for now. From a midterm perspective, the situation is similar, with ETH trading within yesterday's price range, indicating low volatility in the near term. At the time of reporting, Ethereum is trading at $2,649.
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