ETH price: A DROP or SURGE is NEXT?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2025Current Market Status: Ethereum (ETH) is currently priced at $3,309.05 with bearish sentiment dominating the market; key support is at $3,200 and resistance at $3,360, indicating potential for either a drop or a short-term recovery.
Technical Indicators: The daily chart shows oversold conditions with the RSI nearing 38.52, while the hourly chart suggests early signs of stabilization and potential bullish momentum if buying volume increases.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
