What is the ETH price prediction sentiment?

Based on data from May 18, 2024 at 09:56, the general Ethereum price prediction sentiment is bullish , with 24 technical analysis indicators signaling bullish signals, and 6 signaling bearish signals. ETH price prediction was last updated on May 18, 2024 at 09:56.

What is the Ethereum price prediction for 2024?

The Ethereum price prediction for next week is between $ 3,132.47 on the lower end and $ 3,126.90 on the high end. Based on our ETH price prediction chart, the price of Ethereum will decrease by -0.18% and reach $ 3,126.90 by May 26, 2024 if it reaches the upper price target.

How is Ethereum price prediction calculated?

The Ethereum price prediction on CoinCodex is calculated using the historical Ethereum price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.