Hash CEO Predicts Ethereum's Fair Value at $5,022 Using ETHval Tool
- Fair Value Assessment: Hash CEO Simon Seojoon Kim predicts Ethereum's current price at $2,972, while the composite fair value stands at $5,022, indicating that ETH is approximately 69% undervalued, which may attract investor interest.
- Model Diversity: The average of 12 models shows a wide valuation range, with the lowest at $134 and the highest at $12,951, reflecting varied market perceptions of Ethereum's value, potentially leading to more cautious investor decisions.
- Strong Upside Potential: The Metcalfe Law model and staking DCF model suggest valuations of $9,467 and $9,028 respectively, indicating significant upside potential for Ethereum, which could attract more long-term investors.
- Solid Market Foundation: Ethereum is currently trading 40% below its all-time high of $4,946, with a realized price around $1,600, suggesting that the average cost for long-term investors remains significantly below the current price, enhancing its foundational support in the blockchain market.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 622.651 | 1185.225 | 1703.501 | 2266.075 | 2784.351 | 3346.925 | 3865.201 |
| Fibonacci | 1185.225 | 1598.11 | 1853.191 | 2266.075 | 2678.96 | 2934.041 | 3346.925 |
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