Ethereum price analysis (daily update)

[sneakyboi]

Ethereum has been increasing its price from the last 3 weeks and has been reaching All-time highs every single time. This is a strong sign for an incoming Altcoin Season. Today, Ethereum breaks again at $4119 All time high. And will continue to rise steadily from this day.



We may experience a correction in these upcoming days, and don't worry. That's healthy for a cycle. Eth may correct at 0.236 fib area and will rise again.

PS:

DYOR, Not a financial advice.

[ayatoslaw]

Ethereum is still safe, and has strong support in the $2000 area, now trying to break the $3000 resistance area

Note:
- Do Your Own Research
- Not Financial Advice

[Clearman]

The current Ethereum coin is priced at 3432 dollar.  A few days ago, the price of Etherium coins was four thousand three hundred and ten dollars.  From there, the price of etherium coins has come down a lot.  And if the price of Etherium coins continues to rise in this way for a while, then in the future Etherium coins will go up and touch 5000 dollars.

[Chita76]

Ethereum coins are currently priced at $3135.  Due to the current market downturn of cryptocurrencies, all investors are now investing less and less, which is why the market is down.  At one point the price of the coin is low to rise again.  And within a few days, the price of Ethereum coins is likely to reach $5,000.

[Freemind]

The current Ethereum coin is priced at 3432 dollar.  A few days ago, the price of Etherium coins was four thousand three hundred and ten dollars.  From there, the price of etherium coins has come down a lot.  And if the price of Etherium coins continues to rise in this way for a while, then in the future Etherium coins will go up and touch 5000 dollars.

Excuse me, but the value of Ethereum at the moment is $2,495. It will rise again, of course, but there is still a while due to the current market. At the moment what we can do is invest now that all the coins/tokens are cheaper, it is a unique opportunity. For the rest of things we will have to find patience wherever .

[Papusha20]

The price of the current cryptocurrency Etherium Coin is 2401 dollar say.  Ethereum coins were valued at 4,120 dollar a month ago.  From there it has gradually come down to the present stage.  And the price of etherium coins is likely to rise in the future.

[sneakyboi]

While BTC Dominance is rising again, Altcoins suffer from BTC's move and will follow until BTC's Dominance falls. Ethereum hit a massive correction from $2.9k to $1.8k area in the last few days and bounced off to $2.9k but because of the China FUD Bitcoins crashed and Altcoins follows so Ethereum in the $2.1k area.

If Ethereum reached $2.5k resistance area and breaks out, we expect a move to $2900 - $3000 area. But if not, we will experience a dip again between the $2000 - $1.8k support area or even lower.



PS:
- Not a financial advice
- DYOR

[ExtraPoint]

Ethereum Price Today
Ethereum Price   $2,407.64
Price Change
24h
$499.87
26.20%
24h Low / 24h High   
$1,737.47 /
$2,466.02
Trading Volume
24h
$57,564,717,535.09
42.51%
Volume / Market Cap   0.2091
Market Dominance   17.60%
Market Rank   #2
Ethereum Market Cap
Market Cap   $275,318,340,610.99
23.29%
Fully Diluted Market Cap   $275,318,340,610.99
23.28%
Source: https://coinmarketcap.com/currencies/ethereum/

[DragonHeart]

The live Ethereum price today is $2,751.58 USD.
with a 24-hour trading volume of $43,627,496,681 USD. Ethereum is up 7.31% in the last 24 hours.
The current CoinMarketCap ranking is #2, with a live market cap of $319,272,916,140 USD.

source

[Altcoin1998$]

The price broke out of the channel recently and hit resistance at $2,715 after which it was seen falling again.

ETH may continue to see this selling pressure and may form a consolidation range between $2,197 and $2,665.

[Fighter]

The live Ethereum price today is $2,533.14 USD with a 24-hour trading volume of $27,263,167,379 USD. Ethereum is up 6.93% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $294,097,404,197 USD. It has a circulating supply of 116,099,906 ETH coins and the max. supply is not available.
Source: https://coinmarketcap.com/currencies/ethereum/

[C 98]

Ethereum Price Today
Ethereum Price   $2,551.13
Price Change
24h
$37.81
1.50%
24h Low / 24h High   
$2,489.46 /
$2,739.74
Trading Volume
24h
$29,312,614,164.88
15.34%
Volume / Market Cap   0.09872
Market Dominance   18.50%
Market Rank   #2
Ethereum Market Cap
Market Cap   $296,924,085,114.77
1.95%
Fully Diluted Market Cap   $296,924,085,114.77
22.01%
Link: https://coinmarketcap.com/currencies/ethereum/

[H2O]

Ethereum Price Analysis: 31 May
Entry-level: $2,512
Take Profit: $2,401
Stop-level: $2,586
Risk to Reward: 1.5

current market spelled gains for Ethereum, the asset may undergo another correction. Indicators suggested that Ether was getting saturated by the buying pressure and thus the stability of the price can be questioned. With resistance at 2,552, Ether holders may want to open short positions to prevent their portfolio from taking another hit and take profit when ETH falls to $2,401.

[Tubelight]

network. Since it launched in 2015, Ether has quickly rivalled Bitcoin as one of the world's most valuable cryptocurrencies in terms of market capitalization. The chart gives a full picture of the ETH/USD live price. You can also find the latest Ethereum news, forecast and expert analysis to help you trade this cryptocurrency more consistently.
https://www.dailyfx.com/ether-eth

[ayatoslaw]

Many still say that Ethereum is still in a bullish position, although there is still a possibility that the price will correct first in the near future.

You can read an article about it here

https://cointelegraph.com/news/3-bullish-catalysts-for-ethereum-price-in-june?utm_source=Telegram&utm_medium=social

and in my opinion, from the article above, it can be seen that the main reason for ethereum will continue to be bullish because there is a network update in July, which is expected to solve the problem of gas fees and scalability.