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Ethereum Price Prediction as $8 Billion Trading Volume Comes In

The Ethereum price has risen by 1.5% in the past 24 hours, with its climb to $1,865 happening as its 24-hour trading volume moves above $8 billion. Ethereum's current price also means that it's barely unchanged in a week and has gained by 4% in the last 30 days, while also increasing by 56% since the beginning of 2023. Regardless, ETH is now processing withdrawals following last month's Shanghai update, and the platform continues to enjoy steady development and growth. ETH's chart continues to suggest that the altcoin remains on trembling ground, with its relative strength index (purple) falling below 50.

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