The price of Ethereum (ETH) has increased by almost 2% in the last day and has risen by 9.70% over the past week. The hourly chart shows a significant rise in the price of ETH after breaking through a local resistance level of $2,653. If the daily bar closes above this mark, the upward trend is likely to continue towards the $2,750 range. On a larger time frame, ETH is testing the $2,702 level and if a breakout occurs, there may be enough momentum for the price to test the $2,800 zone in the next few days. The weekly chart also indicates a bullish trend, with the possibility of ongoing growth towards the $2,800-$3,000 area by the end of the month. Ethereum is currently trading at $2,702.
- Content Editor ( u.today )
- 2024-10-20
Ethereum (ETH) Price Prediction for October 20