The post Ethereum (ETH) Price Prediction for March 24 appeared on BitcoinEthereumNews.com.

Most of the coins continue rising on the first day of the week, according to CoinStats. ETH chart by CoinStats ETH/USD The rate of ETH has gone up by 3.75% since yesterday. Image by TradingView On the hourly chart, the price of Ethereum (ETH) has made a false breakout of the local resistance of $2,099. As most of the daily ATR has been passed, there are low chances of seeing sharp moves.  Related However, if the candle closes around that mark, growth is likely to continue tomorrow. Image by TradingView A less bullish picture can be seen on the daily time frame. The rate of the main altcoin is far from support and resistance levels. Thus, the volume remains low, confirming the absence of buyers’ or sellers’ strength. In this regard, consolidation in the range of $2,050-$2,150 is the more likely scenario. Image by TradingView From the midterm point of view, the situation is similar. Traders should focus on the nearest interim level of $2,200. Until the price is below it, bears are more powerful than bulls, which means there is still a chance to see a price drop. Ethereum is trading at $2,100 at press time. Source: https://u.today/ethereum-eth-price-prediction-for-march-24

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Filed under: News - @ March 24, 2025 11:19 pm