• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum Surge to $6,500: Key Support Levels and Forecasts

user avatar

by Giorgi Kostiuk

a year ago

Ethereum is currently trading around $3,600, with projections pointing to a rise to $6,500. The key support level at $3,200 acts as a backbone for continued growth.

Current State of Ethereum

Ethereum is currently trading around $3,600. The $3,200 support level plays a crucial role in the current bull trend, providing necessary defense.

Analysis of Technical Indicators

Rising holder accumulation and increasing open interest indicate strong investor confidence. Additionally, on-chain data and technical indicators support the expected growth.

The price movement perfectly correlates with a textbook Elliott Wave structure denoting the buildup of five promotional waves indicating bullish cycle movement.Crypto Tony

Analysts' Forecasts

Analyst Crypto Tony forecasts that Ethereum will reach heights of $5,300 and $6,100 before making the 2026 target of $6,500.

Considering current market trends and analysis, Ethereum continues to attract investor interest, reaffirming its resilience and growth potential.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Implementation of Basel III and EMIR Refit Mandates

chest

As financial institutions prepare for the implementation of the Basel III Endgame and EMIR Refit mandates, they are confronted with new compliance challenges. These regulatory changes, set to take effect between 2025 and 2026, impose stricter capital requirements and data quality standards, aimed at enhancing financial stability and risk management in the derivatives market.

user avatarLi Weicheng

Seven Strategies for Derivatives Risk Mitigation

chest

Seven essential strategies for derivatives risk mitigation for financial institutions.

user avatarAisha Farooq

Surge in Interest Rate Derivatives Trading Amid Regulatory Changes

chest

Surge in Interest Rate Derivatives Trading Amid Regulatory Changes

user avatarLeo van der Veen

DarkChange Launches Innovative Cryptocurrency Exchange

chest

DarkChange has launched a new cryptocurrency exchange platform that prioritizes speed, security, and user convenience.

user avatarTenzin Dorje

Discover the Unique Features of DarkChange Cryptocurrency Exchange

chest

DarkChange introduces unique features that differentiate it from traditional cryptocurrency exchanges, allowing users to trade without registration, enjoy competitive rates, and benefit from advanced security measures.

user avatarBayarjavkhlan Ganbaatar

Russia Launches Rehabilitation Mechanism for Crypto Traders

chest

Russia implements a rehabilitation mechanism to assist cryptocurrency traders wrongly flagged as criminals, allowing them to unfreeze their assets and address wrongful blacklisting.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.