The post Ethereum Price Prediction Today: Bullish And Bearish Scenarios Explained appeared first on Coinpedia Fintech News
Ethereum has recently broken through a major resistance zone between $3,900 and $4,100, closing a three-day candle above this level. This move is considered bullish in the larger trend, supporting continued upside. However, one analyst has warned that the market may see a short-term pullback before further gains.
Support Zones To Watch
The $3,900 to $4,100 range is now the critical support area to watch. If Ethereum holds above this zone, the breakout is likely to remain valid. But if the price falls back below $3,900 on a closing basis, the breakout could be invalidated, trapping buyers who entered at higher prices.
Warning Signs from Bitcoin Dominance
Bitcoin dominance, which measures the percentage of the crypto market made up by Bitcoin, is holding at around 60.5 percent support. If dominance bounces higher, it could put pressure on altcoins, including Ethereum. Technical signals also hint at a possible bullish divergence in Bitcoin dominance, which could mean short-term weakness for altcoins.
Bitcoin for Small Businesses? Jack Dorsey’s Block Says Yes
,
Bearish Divergences in Ethereum Charts
On Ethereum’s daily chart, a bearish divergence may be forming where price makes higher highs but the RSI (Relative Strength Index) makes lower highs. Similar patterns in the past have led to small pullbacks lasting several days.
A bearish divergence is also appearing on the ETH/BTC chart, suggesting Ethereum could underperform Bitcoin in the coming week. If Bitcoin struggles at its current resistance, Ethereum could see an even sharper dip.
Short-Term Outlook
If a bearish divergence is confirmed, a short-term pullback could bring Ethereum back to retest its new support around $3,900 to $4,100. While this would be a setback in the short term, it could also strengthen the larger bullish structure if support holds.
function subscribed_popupmodal(template_id) { var templateId = ‘6’; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’); if (subcribemodal) { var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal =
`
You’ve Unsubscribed Successfully
We’re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community!
Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!
`;
let selectedSubscriptionsArray = selectedSubscriptionsString.split(‘,’); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(‘_’)[0]); let subscribedCategoriesString = subscribedCategories.join(‘, ‘);
subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById(‘selectidname’)) { document.getElementById(‘selectidname’).textContent = subscribedCategoriesString; }
function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector(‘#’ + modalId); // Using querySelector to find the modal
// Function to get cookies function getCookie(name) { let value = “; ” + document.cookie; let parts = value.split(“; ” + name + “=”); if (parts.length == 2) return parts.pop().split(“;”).shift(); }
// Get user token from cookies const userToken = getCookie(‘user_token’);
if (subscribewithoutData === ‘true’ && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id);
// Remove the flag and category ID from localStorage localStorage.removeItem(‘subscribe_without_Login’); localStorage.removeItem(‘subscribe_clicked_id’); } });
var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return;
var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } });
}
function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector(‘.subscribe-submit .changeBtnText’); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent=”Subscribe Now”; } else { subscribeButtonSpan.textContent=”Unsubscribe”; } } }
function updateSubscriptionButton() { var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return;
var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } });
// Update the button text based on whether any list item has the ‘active’ class updateButtonText(anyActive); } document.addEventListener(‘click’, function(event) { var clickedItem = event.target.closest(‘.subscription-options li’); if (clickedItem) { var checkbox = clickedItem.querySelector(‘input[type=”checkbox”]’); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });
FAQs
What is the ETH price prediction for 2025?
As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $5,925.
What will Ethereum be in 5 years?
According to our Ethereum Price Prediction 2030, the ETH coin price could reach a maximum of $15,575 by 2030.
How much would the price of Ethereum be in 2040?
As per our Ethereum price prediction 2040, Ethereum could reach a maximum price of $123,678.
How much will the ETH coin price be in 2050?
By 2050, a single Ethereum price could go as high as $255,282.