Today, Ethereum (ETH) Price Prediction

It’s been a rough few months for ETH, as the latest Ethereum price prediction makes clear. But while Ethereum struggles with declining user activity, the GambleFi protocol Rollblock is sprinting into the spotlight with unstoppable momentum.

Ethereum and Rollblock are both built on solid tech, but only one is setting new records with investor inflows every single week. With analysts predicting Rollblock could soar up to 100x this year, smart money is already making the switch.

 Ethereum (ETH) price prediction ETH/USD

The rate of Ethereum (ETH) has declined by almost 1% since yesterday.

The primary altcoin’s price is on the verge of breaking through the $1,796 local support on the hourly chart. The fall is probably going to extend to the $1,780 barrier shortly if it occurs and the daily bar closes below it.

Given that the gain was short-lived following a false breakout of the $1,754 support, the rate of ETH appears negative on a longer time horizon.

Traders might anticipate a test of the previously indicated mark shortly if bulls are unable to take the lead.

Additionally, sellers have more power than purchasers in the medium term. A more significant decline to $1,600 could occur if there is a breakout of the $1,754 level. As of this writing, Ethereum is trading at $1,794.

 

 

 

 

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