Ethereum Price Prediction: ETH Price Poised to Reclaim $3,200, But When?
The post Ethereum Price Prediction: ETH Price Poised to Reclaim $3,200, But When? appeared on BitcoinEthereumNews.com.
While the current Ethereum price prediction as per the rest of the market may seem bearish, TCR’s neural network backed price prediction paints a different picture for ETH price. ETH price traded below $3,000, close to $2700 at press time. Ethereum price also saw a 2.8% pullback on the daily chart. Short-term momentum might seem bearish but mid-short term prediction by TCR’s AI price prediction model aims for a solid jump to $3200. Ethereum Price Action – The Coin Republic’s Price Prediction Model With $3200 acting as a strong support throughout the beginning of this year, The Coin Republic’s ace price prediction model suggests a revist of that zone soon. In addition, ETH accumulation by whales and institutions over the last few weeks has added to the bullish waves pushing ETH price to $3200. Amid signals from TCR’s price predcition models for higher gains, it’ll be key to watch other technicals and see where Ethereum price is headed. As per data from The Coin Republic’s Price Prediction model ETH price is expected to hit $3200 in the short-term. TCR’s Price Prediction model incorporates AI fundamental analysis, technical analysis, on-chain analysis, quantum computing. Moreover, the model has previously accurately predicted price for Bitcoin and Ethereum. The current price prediction for Ethereum is $3200 as per TCR’s price prediction model. – Advertisement – Source: TheCoinRepublic The prediction chart above shows that if the forecast price level of $3100 is breached a push to the potential high of $3200 could be in store for ETH price. The previous price action prediction clearly shows that the true price action has mirrored the prediction model. Technicals Heat Up For Ethereum Price The TD Sequential indicator depicted a buy signal on the weekly chart, suggesting a potential market turnaround. Technical market indicators show a positive outlook…
Filed under: News - @ February 18, 2025 4:27 pm