{"id":15866,"date":"2024-03-19T08:10:23","date_gmt":"2024-03-19T08:10:23","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=15866"},"modified":"2024-03-19T19:48:27","modified_gmt":"2024-03-19T19:48:27","slug":"what-will-happen-to-ethereum-price-analysis","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-will-happen-to-ethereum-price-analysis\/","title":{"rendered":"What Will Happen to Ethereum Price: Analysis"},"content":{"rendered":"<p>The cryptocurrency market entered a correction period after its rise. With the correction, Bitcoin fell to the level of 63 thousand, while <strong>Ethereum<\/strong> fell to $ 3260. How long can the decline in Ethereum last? Which levels should we follow?<\/p>\n<p><strong>Ethereum Price Analysis:<\/strong><\/p>\n<p>According to CoinMarketCap&#8217;s data, <a href=\"https:\/\/coinengineer.net\/blog\/ethereum-eth-rally-above-3700-faces-hurdle-as-most-holders-sit-on-profits\/\">Ethereum<\/a> has fallen nearly 20 percent in the last week. However, it has dropped nearly 10 percent in the last 24 hours. Ethereum came up to $ 3260 in price with these declines.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-15867 size-full alignleft\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/eth-1.jpg\" alt=\"\" width=\"1360\" height=\"755\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/eth-1.jpg 1360w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/eth-1-300x167.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/eth-1-1024x568.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/eth-1-768x426.jpg 768w\" sizes=\"auto, (max-width: 1360px) 100vw, 1360px\" \/><\/p>\n<p>When we look at the current outlook of <a href=\"https:\/\/coinengineer.net\/blog\/ethereum-declined-after-update\/\">Ethereum<\/a>, we see that it has received a reaction from the 3200 level. However, the first resistance that Ethereum needs to overcome to change the sellers&#8217; outlook is the $ 3500 band. It is difficult to say that the positive outlook will continue without rising to this level. However, if Ethereum continues to decline, the next support level waiting for us is the $ 3000 region.<\/p>\n<p>Cryptocurrencies, especially Bitcoin, continue to decline. During this correction period in the market, investors are shifting their focus to other regions. One of these, Solana-based Memecoins, has attracted the attention of investors, but it also harbors many fundamental problems.<\/p>\n<hr \/>\n<div id=\"chat-history\" class=\"chat-history-scroll-container ng-tns-c1304298479-2 ng-trigger ng-trigger-resetChat show-bottom-shadow\">\n<div class=\"conversation-container ng-tns-c1304298479-2 visd-patch ng-star-inserted\">\n<div class=\"ng-tns-c3288265132-24\">\n<div class=\"response-container ng-tns-c3311575876-25 response-container-has-multiple-responses\">\n<div class=\"presented-response-container ng-tns-c3311575876-25\">\n<div class=\"response-container-content ng-tns-c3311575876-25\">\n<div class=\"response-content ng-trigger ng-trigger-responsePopulation ng-tns-c3311575876-25 ng-animate-disabled\">\n<div class=\"markdown markdown-main-panel\" dir=\"ltr\">\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a> for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market entered a correction period after its rise. With the correction, Bitcoin fell to the level of 63 thousand, while Ethereum fell to $ 3260. How long can the decline in Ethereum last? Which levels should we follow? Ethereum Price Analysis: According to CoinMarketCap&#8217;s data, Ethereum has fallen nearly 20 percent in the<\/p>\n","protected":false},"author":6,"featured_media":15369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,7],"tags":[230,106,105,1770,1332],"class_list":["post-15866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-market-analysis","tag-coinmarketcap","tag-eth","tag-ethereum","tag-ethereum-eth","tag-memecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Will Happen to Ethereum Price: Analysis - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The cryptocurrency market entered a correction period after its rise. 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