Latest Update on Ethereum
Current Price: Ethereum's current price is $4,296.17, with a 24hour trading volume of $30.36 billion. The price has decreased by 2.64% in the last 24 hours.
Market Capitalization: Ethereum's market capitalization is $518.67 billion, ranking it second among all cryptocurrencies.
Circulating Supply: There are 120.71 million ETH coins in circulation.
Recent News
A whale investor recently increased their ETH position at $4,446 but encountered a pullback, resulting in a stop loss and closing the position with a loss of approximately $10.67 million.
BlackRock shifted its crypto allocation, selling $151.4 million in Ethereum and acquiring $289.8 million in Bitcoin.
The Ethereum validator entry queue has surpassed the exit queue for the first time in weeks, driven by renewed demand for staking ether.
Price Predictions
Some experts predict Ethereum's price will reach $10,867.25 by 2030, offering a potential 153% return from today's price.
ETH Chart Analysis
At $4,297:
1. The price is below MA25 ($4,302) and MA99 ($4,326), indicating a bearish bias.
2. MA7 ($4,297) is close to the current price, suggesting a possible small bounce but weak momentum.
3. Shrinking volume bars indicate less trading interest for a strong move.
4. Likely next move: ETH might test support near $4,280$4,285 again. If it breaks, expect a further drop; if it holds, a small recovery toward $4,320 is possible.
Keep in mind that Ethereum's price is currently $4,294.67, according to the latest data. The market is neutral, with a Fear & Greed Index score of 48. Price predictions suggest Ethereum could reach $4,788.05 by October 6, 2025, and $5,550.49 by March 5, 2026.
