Ethereum (ETH) Price Prediction for March 2

Most of the coins are in the green zone at the end of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

ETH/USD

The rate of Ethereum (ETH) has risen by 1.51% over the last 24 hours.

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On the hourly chart, the price of ETH is breaking the local support of $2,203. If the daily bar closes far from that level, the correction is likely to continue to the $2,160-$2,180 zone shortly.

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Image by TradingView

On the bigger time frame, one should focus on the bar closure in terms of the $2,125 level.

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XRP Price Prediction for March 1

If a breakout happens, the accumulated energy might be enough for a blast to the vital area of $2,000.

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From the midterm point of view, there are no reversal signals yet. If the weekly bar closes around the current prices, traders may witness a test of the support at the $1,882 level soon.

Ethereum is trading at $2,195 at press time.

Source: https://u.today/ethereum-eth-price-prediction-for-march-2