Lunc Price Prediction: Today’s Lunc Price, 29th Jan 2023
The Terra Luna Classic price has fallen by 1.5% in the last 24 hours,...
ETH Price Prediction: Today’s Ehereum Price, 29th Jan 2023
Advertisement
The price of Ethereum has remained stable, despite tremendous volatility in recent weeks. Ethereum prices are fluctuating erratically between $1,550 and $1,630.
Many speculators are speculating about the possibility of a breakout as we approach the weekend.
The analysis of the price of Ethereum over the most recent days provides the answer to this query. Investors can determine whether or not this weekend could see ETH break out from the present ranges by looking at the past tendencies of these two top cryptocurrencies.
Investors may choose their investments wisely if they are aware of the underlying elements that affect the price of Ethereum.
Today’s Ethereum Price
Advertisement
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $ 1,576.89 |
Advertisement
Ethereum Price Prediction
Ethereum is presently trading at $1,595 and has dropped 1.5% in the last day with a $6 billion total trading volume. With a $195 billion live market value, it is the second-ranked cryptocurrency on CoinMarketCap.
The ETH/USD pair plunged precipitously from the $1,600 level in the 4-hour time frame. A break in an ascending channel and a subsequent closing below this price point are what brought about this decline. The bottom was reached at $1,525 per share as a result of the declining trend.
Ethereum might run across resistance at $1,600. Its price might increase to $1,675 if it succeeds in getting beyond this obstacle. A bearish trend, on the other hand, might start at $1,525 and, if it breaks down, could continue all the way to $1,445 as an alternative.
Advertisement
Advertisement
Advertisement
Read More News On
Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News
Download The BOL News App to get the Daily News Update & Follow us on Google News.