Ethereum (ETH) is currently trading at around $2,365. Over the past week, ETH has seen a 8% #declinedu e to broader market pressures, including the ongoing correlation with Bitcoin's price movement
Key #Technical Levels :
#Support Level: $2,250 (critical zone where buying pressure could emerge)
-Resistance Level:
$2,400-$2,450 ($ETH has struggled to break through this in recent attempts)
Moving Averages (50-day and 200-day):
Neutral to slightly bearish outlook in the short term.
Next #Week #Prediction $ETH :
In the coming week, #ETH is expected to fluctuate between **$2,300 and $2,400**. Market momentum indicates a potential test of the **$2,250 support** if selling pressure continues, but a move towards **$2,400** is possible with positive market sentiment
Be cautious, as #Ethereum is closely tied to Bitcoinâs performance and general market sentiment. Keep an eye on macroeconomic events, which can influence cryptocurrency prices.
