π¨ Ethereum Price Estimate & ETH Futures Forecast
π Important note
This Ethereum exchange rate has increased against Ethereum based on current market conditions, at the time of writing, as the ETH futures contract is priced at $3,693. Key levels below and above this price are reversal zones or price magnets. Always monitor real-time price action and reactions at these levels to update your trading strategy. ETH forecast for future periods identifying critical junctions for price behavior. Trade wisely!
π― Directional bias score: +3 (slightly bullish)
The Future ETH stock price history indicating that buyers have stepped up just above $3,550. To maintain bullish momentum, price must hold above $3,645 – $3,648 (current VWAP, today's POC) and push towards $3,784 (December 11 Low Value Area).
π Key Volumetric Insights for Ethereum Futures
- Support near $3,646.5: This level, where VWAP, POC, and yesterday's Low Value Area align, is critical for protecting bulls.
- Moderate buyer activity can be seen at current levels, with Change in Delta development in the bars recently, supporting the Ethereum exchange rate has increased against Ethereum of little confidence.
- A break above $3,700 could be a move towards $3,784 and $3,797indicating potential bullish targets.
π Key levels to watch for ETH Futures price predictions
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Above current price:
- $3,784 (December 11 VAL): A critical resistance level if price advances.
- $3,797 (yesterday's VWAP): Key zone to test bullish momentum.
- $3,870.5 (VAH yesterday – midnight): Magnit potential price and conversion range.
- Long term rates: $3,962.5, $4,017.5, $4,071, $4,128, and $4,040.5 could be extended upside targets.
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At the current price:
- $3,693: Price consolidates at this level, indicating either a breakout or a continuous range-bound trade.
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Below current price:
- $3,646.5: Critical support zone combining today's VWAP, POC, and yesterday's VAL – key to bullish sentiment.
- $3,553 (Previous Bare Level): Potential negative target if support fails.
- $3,327 (Bare Rate): An important trend zone in a bearish position.
π οΈ The final note on the ETH Futures forecast
This Ethereum exchange rate has increased against Ethereum suggesting some bullishness while stressing caution on key levels like $3,784 and $3,797. If the price breaks $3,646.5, lower targets include $3,553. Traders should stay flexible, monitor Future ETH stock price history zones, and adjust their strategies based on price behavior. Manage your risk, stay informed, and trade smart! π perspective ForexLive.com for additional views.