Hey kids! Let's talk about Ethereum (ETH), a type of cryptocurrency like Bitcoin, but different! Recently, its price has been a bit wobbly. It's like a rollercoaster, sometimes going up, sometimes down.
- Ethereum's price tried to go above $2,000 but couldn't quite make it.
- It's now stuck in a range, meaning it's not going up or down much.
- Some experts think it might go lower before going higher.
Price | Prediction |
---|---|
Current Price: Around $1,850 | Possible rise to $2,000 or even $2,250 if it breaks through resistance. |
Support Level: | $1,800 (price might bounce back if it hits this level) |
Resistance Level: | $1,890 and $1,950 (price might struggle to go above these levels) |
Think of support as a safety net and resistance as a ceiling. Remember, these are just predictions and the price can change quickly. This isn't financial advice; it's just for learning!