ETHW Price Analysis
About EthereumPoW
This page refers to the Ethereum Proof of Work (ETHW or ETHPOW) which tracks the spot and derivative prices of IOU markets across a growing number of exchange as the chain forks away from the original Ethereum chain that has migrated to proof of stake.
Market Overview
The current market landscape for ETHW is marked by a circulating supply of 107818717.04993, supporting an accessible float for traders and investors alike. Daily trading activity, as represented by a 24-hour volume of $13.48M, showcases sustained liquidity, ensuring ease of entry and exit. Price movements over the past 24 hours, with a shift of -2.70%, are accompanied by prevailing market sentiment characterized by Fear with an index of 29; this indicates a level of caution among participants. Average volume figures remain robust, particularly over the past 24 hours, highlighting consistent market interest. Overall, fundamentals underscore a balanced dynamic between supply and demand, set against a backdrop of moderate risk appetite.
Technical Analysis
EthereumPoW (ETHW) is currently displaying a nuanced technical posture. Short-term simple moving averages (SMAs) remain in an upward trajectory, hinting at underlying bullish momentum in recent sessions. However, long-term trends reveal a more cautious environment; both the 90-day and 200-day SMAs have shifted downward, reflecting earlier price softness and suggesting that sustained upward movement will require overcoming key resistance zones. Volatility over the past 24 hours, at 0.21%, supports the narrative of a market in transition, with modest intraday swings influencing near-term direction. Momentum indicators point toward a cautious optimism, yet the downtrend in longer SMAs underscores the necessity of continued buying pressure to reverse broader bearish patterns.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $2.1 | $1.2 |
| 2027 | $2.45 | $1 |
| 2028 | $2.9 | $0.95 |
| 2029 | $3.1 | $0.85 |
| 2030 | $3.5 | $0.75 |
Expert Prediction
From an analyst's perspective, ETHW stands at a technical crossroads. While short-term moving averages identify nascent bullish sparks, the overarching tone is tempered by declining long-term averages and persistent cautious sentiment. Liquidity remains healthy, with $13.48M transacted over the last day, suggesting that traders are keenly watching for breakout signals. The presence of Fear underscores a lingering hesitance that could limit rapid price appreciation unless further market catalysts emerge. Should momentum build off the current baseline, a breakout above longer-term averages is conceivable, but until those levels are convincingly surpassed, a measured approach may prove prudent.
| Volume (24h) | $13.48M |
| Current Supply | 107.82M |
| Market Dominance | 0.00% |
| Circulating Supply | 107.82M |
| Volatility (24h) | 21.37% |
| Fear & Greed | 29 (Fear) |
Other Price Predictions
