Ethereum Price Prediction: ETH Price Stalls, but On-Chain Data Tells a Different Story

Daily ETH chart analysis

Key highlights:

  • The ETH price is defending the $1,550-$1,650 support zone as traders watch for the next major move.
  • Ethereum processes over 2M daily transactions with 420K+ active addresses.
  • Institutional ETF developments and upcoming network upgrades are strengthening Ethereum’s long-term outlook.

, the price could move toward $1,973.82, pointing to potential upside from the current level.

 

Source:: Ethereum Price Prediction: ETH Price Stalls, but On-Chain Data Tells a Different Story