Ethereum (ETH) Price Prediction for February 13
2025-02-13
Category: None

The cryptocurrency market remains bullish today as well, according to CoinStats.CoinStats">
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The price of Ethereum ETHUSD has risen by 2.4% over the last 24 hours.TradingView">
On the hourly chart, the rate of ETH is near the local support of $2,645. If its breakout happens, the correction is likely to continue to the $2,600 range by tomorrow.TradingView">
On the bigger time frame, the situation has changed to bearish. If the daily bar closes around current prices or below, traders may witness a test of the support of $2,562 by the end of the week.TradingView">
From the midterm point of view, the rate of the main altcoin is in the middle of a wide range, between the support of $2,132 and the resistance of $3,028. 
As neither bulls nor bears are dominating, ongoing sideways trading in the area of $2,400-$2,800 is the most likely scenario by the end of the month.
Ethereum is trading at $2,636 at press time.