Ethereum Price Prediction Today: Can ETH Reclaim $3,500 Soon?
Key Takeaways
- The current price of ETH is $ 3,204.11, with it expected to rise to $ 3,447.98 by the end of this week.
- It traded below 89% of the top 100 cryptocurrencies in the market.
- Ethereum showed mixed whale activity despite a price higher than $3000.
- There was also a mix of ETF inflows and outflows.
- The macroeconomic factors affecting the ETH price include monetary policy signals, inflation dynamics, ETF/institutional flows, and growth/inflation expectations.
Ethereum’s Current Market Scenario
The general sentiment of ETH in the market is bearish. This implies that investing in ETH at this stage can bring you a loss. Other important metrics related to ETH are given below.
- Fear & Greed Index: 26 (Fear)
- Market Sentiment: Bearish
- Supply Inflation: 0.21% (Low)
- Dominance: 12.21%
- Volatility: 7.81% (High)
Ethereum Price Prediction: Today, Tomorrow, & This Week
Here is the short-term price prediction of ETH for this week.
| Date | Price Prediction |
|---|---|
| December 4 | $ 3,204.11 |
| December 5 | $ 3,211.45 |
| December 6 | $ 3,246.99 |
| December 7 | $ 3,314.89 |
| December 8 | $ 3,448.33 |
| December 9 | $ 3,537.13 |
| December 10 | $ 3,603.05 |
| December 11 | $ 3,505.68 |
| December 12 | $ 3,447.98 |
Market Outlook: Technicals, Institutional Activity & Macro Trends
A balanced market outlook includes factors such as technical analysis, analysis of institutional activities such as ETF inflow/outflow and reserve updates, on-chain scenarios such as whale activity and network updates, and the related macro-economic trends.
Technical Analysis
As per the technical analysis data, ETH has a bearish outlook at present. ETH’s price has decreased by 13% over the last year. It was outperformed by 89% of the top 100 cryptocurrencies in the market. The number of green days in the last 30 days is 14, which is 47%.
There are several positive outlooks for ETH. Ethereum is currently trading 0.40% above the 200-Day SMA, which is $ 3,178.07. The 14-Day Relative Strength Index (RSI) of ETH tokens is at 53.12, which indicates that the cryptocurrency is currently neutral and may trade sideways. Ethereum has positive token sale performance in USD and BTC and negative performance in ETH. Ethereum is currently trading at -1.51% below the cycle high and 21.23% above the cycle low.
On-Chain Scenario
Ethereum shows mixed whale activity despite a price higher than $3000. Recently, a whale moved 40,000 ETH (worth ~$120M) for internal transfer or staking. Whale holdings rose 1.8% over two weeks via buys in the $2,950–$3,050 range, including one accumulating $105M since early November, while over $500M exited exchanges in 48 hours, signaling confidence. The recently launched Fusaka upgrade is expected to bring in a bullish outlook for Ethereum in the future.
Institutional Activity
Regarding institutional activity, the market saw a mix of ETF inflows and outflows. There were periodic shifts in demand from institutions and fund managers rather than a stable trend. Institutional demand often correlates with higher on-chain activity and secondary-market liquidity.
Macroeconomic Factors
The macroeconomic factors affecting the ETH price include monetary policy signals, inflation dynamics, ETF/institutional flows, and growth/inflation expectations that influence liquidity, risk appetite, and on-chain activity. Rate cuts can help with volatility reduction, while hikes can put pressure on ETH. Higher ETF inflows will increase the credibility of the assets. In risk-on environments, ETH tends to outperform in stochastic rallies, whereas in risk-off phases, correlations may weaken or shift toward defensive behavior.
The Bottom Line
In the short term, ETH prices can rise to an average of $ 3365. Analysts expect support to hold at $3,000–$3,055, with resistance near $3,500 if inflows persist and macro liquidity aids risk assets. However, nothing can be said about the future volatility; it depends on the federal rate announcements that are expected in December.
Several analysts suggest that in the long term, ETH will see further price rise driven by scalability upgrades, institutional adoption, and macro liquidity, though substantial uncertainty remains. The downside risks related to the ETH price include regulatory tightening, slower-than-expected adoption, competing networks, and macro shocks that reduce liquidity or risk appetite, which cannot be ignored.
Disclaimer: These crypto price forecasts are based on predictive modeling and should not be considered financial advice.
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Crypto & Blockchain Expert