Advertisement
AD

Main navigation

Ethereum (ETH) Price Prediction for October 2

Advertisement
Wed, 2/10/2024 - 15:31
Ethereum (ETH) Price Prediction for October 2
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The market continues setting new local lows, according to CoinMarketCap.

Advertisement
Article image
Top coins by CoinMarketCap

ETH/USD

The rate of Ethereum (ETH) has fallen by 6.74% over the last day.

Article image
Image by TradingView

On the hourly chart, the price of ETH is near the support of $2,442. If the daily bar closes near that mark, the decline may lead to the test of the $2,400 zone tomorrow.

Article image
Image by TradingView

On the bigger time frame, one should pay attention to the nearest level of $2,437. 

Related

If it breaks out, the correction is likely to continue to the $2,350-$2,400 range within the next few days.

Article image
Image by TradingView

On the weekly chart, the rate of ETH is far from the main levels. However, if the bar closes near its low, there is a chance to see a more profound drop to the $2,200-$2,300 area until the end of the month.

Ethereum is trading at $2,450 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD