Ethereum price prediction: Can gains continue amid overbought readings? ETH jumps 3.17%
From tradersunion.com
Ethereum is trading above both its MA-20 ($2,963.90) and MA-50 ($3,008.25), reflecting a supportive short- and medium-term trend. The price remains well below its long-term MA-200 ($3,596.07), indicating that long-term resistance persists, while the nearest dynamic level from Ichimoku (Kijun) sits at $3,111.32, acting as immediate pivot support. Ethereum advanced key technical upgrades in 2025, including gas limit increases, zkEVM advancements, and node software improvements. The Ethereum Foundation and Vitalik Buterin renewed their emphasis on core decentralization and the 'World Computer' vision, supporting ...
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