The Ethereum price prediction remains bullish above the 3,545 level. On Thursday, Ethereum is trading with a bullish bias at the $3,579 level, having dropped -1.01% so far. Forex trading market participants should look for a buy limit above the $3,545 level. On Thursday, Ethereum is trading with a bullish bias at the $3,579 level, having dropped -1.01% so far. The day before, the ETH/USD pair ended at $3611.32 after hitting a high of $3611.32 and a low of $3360.48.On Wednesday, ETH/USD gained for the second session in a row and reached its highest level since September 7th, the cryptocurrency market’s flash crash day. The Ethereum price prediction remains bullish above the 3,545 level. Get FREE Crypto Signals Now! Check out our guide to trade ETH/USD with forex robots. Time Magazine names Ethereum co-founder the Most Influential People Time Magazine has named Ethereum co-founder Italic Buterin one of the most influential people this year, along with musicians, world leaders, activists, and others. Buterin’s name was included on the list of innovators for 2021, alongside Nvidia CEO Elon Musk and others. This news added further gains to the second-largest cryptocurrency by market cap, ETH. According to Crypto Parrot, a cryptocurrency trading simulator, an average of 149,843 new unique Ethereum addresses have been created daily since the beginning of this year. On a year-to-date basis, the new Ethereum addresses were 38,256,193, accounting for about 23% of all ETH addresses. The new wallet addresses came in after the Ethereum network experienced a great inflow of retail investors, particularly in the DeFi and NFT sectors. In June, Ethereum address activity outperformed Bitcoin for the first time, pushing ETH prices higher. EY collaborated with Polygon on the Ethereum network. Meanwhile, EY, global professional services, and technology organisations collaborated with Polygon on developing and implementing scaling and enterprise solutions for the Ethereum network. The partnership is meant to work on Polygon Nightfall, a public privacy-based rollup. It is assumed that integrating Polygon’s scaling solution will provide high transaction volumes with predictable settlement times and costs on EY’s platform. The growing adoption of blockchain technology has increased the transaction volume and cost on the prominent public ETH blockchain. This news added some positive momentum to the price fluctuation of ETH/USD on Wednesday. Furthermore, the ETH/USD pair gained support on Wednesday after AMC Entertainment CEO Adam Aron announced that AMC Theatres would accept BTC and ETH for online ticket and concession payments by the end of 2021. Along with ETH and BTC, LTC and BCH will also be acceptable by AMC Theaters. Moreover, the declining price of the U.S. dollar on Wednesday added further gains to ETH/USD. The greenback was weak across the board amid the recent cautious behaviour of investors ahead of September’s monetary policy meeting next week. The DXY reached 92.42 and added strength to ETH/USD as both share a negative correlation. ETH/USD – 4 Hour Timeframe Ethereum Price Prediction – Daily Technical Levels Support Resistance 3444.10 3694.94 3276.87 3778.55 3193.26 3945.78 Pivot Point: 3527.71 Ethereum Price Prediction – Double Top Breakout at $3,547 The Ethereum price prediction remains bullish above the 3,545 level. In the 4-hours timeframe, Ethereum is likely to face immediate resistance at 3,612 levels. A 61.8% Fibonacci correction level extends this particular resistance level. Furthermore, the closing of candles below this level suggests strong odds of a selling trend in Ethereum prices. Previously, Ethereum was trading in an oversold zone. However, now it has come out of the oversold zone, and it is heading towards completing the 61.8% Fibonacci correction level. The 50-period exponential moving average is likely to provide support at 3,375 levels in the 4-hour timeframe. At the same time, the leading technical tool, Stochastic RSI, is entering the buying zone. On the bearish side, it’s likely to gain immediate support at the 3,545 level. A bearish breakout below this level will likely create additional room for selling until the next support level of 3,375. Furthermore, the violation of the 3,375 level could create room for selling until the next support level of 3,116. The Forex trading market participants should look for a buy limit above the $3,545 level. The initial target remains at $3,725 and $3,950. Alternatively, traders can place a sell trade at or below the $3,500 level. All the best. Looking to buy or trade crypto now? Invest at eToro! Buy ETHEREUM Now Capital at risk Ali B. Ali B. Live webinar speaker and derivatives (Forex, Crypto, and Indices) analyst with a broad range of skills for evaluating financial data, investment trends, technical analysis, fundamental analysis, and the best ways to strategies investment selection. Expertise: Trading Psychology; Speculative Positioning & Market Sentiment; Technical & Fundamental Analysis. View All Post By Ali B. Crypto NewsDaily Look share Read Next Cardano steady at $2.45 amid symmetrical triangle pattern Ali B. 1 year The Ethereum price prediction remains bullish above the 3,545 level. On Thursday, Ethereum is trading with a bullish bias at the $3,579 level, having dropped -1.01% so far. Forex trading market participants should look for a buy limit above the $3,545 level. On Thursday, Ethereum is trading with a bullish bias at the $3,579 level, having dropped -1.01% so far. The day before, the ETH/USD pair ended at $3611.32 after hitting a high of $3611.32 and a low of $3360.48.On Wednesday, ETH/USD gained for the second session in a row and reached its highest level since September 7th, the cryptocurrency market's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.