ETH Price Prediction: Today’s Ehereum Price, 27th Dec 2022

Ethereum has remained pretty constant at $1,218 during the Asian session, On Christmas Day, it looks that there is little volatility and trade activity on the global financial market, which is restraining price movement.

Today’s Ethereum Price

Ethereum Price Prediction

The price of Ethereum is currently $1,219, and its 24-hour trading volume is $2.5 billion. With a live market valuation of $149 billion, Ethereum has increased by around 0.20% over the past 24 hours and is currently ranked second on CoinMarketCap.

Ethereum has been struggling to stay below $1,220 on the 4-hour chart, and the closing doji and bearish engulfing candle suggest a potential negative reversal. Ethereum’s immediate supports are $1,180 and $1,150.

A breach of the $1,180 support level might cause the bearish trend to move down to $1,150. The increasing trend could continue until Ethereum prices reach $1,270 if they leap above $1,220.

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