Ethereum price $2,702: next target is $2,775, but 812,887 ETH are queued for the exit

22 hours ago 2

Rommie Analytics

The Ethereum price stands at $2,702 on Sunday evening, or 2,399.90 euros, up 0.7 percent over 24 hours. The next target to the upside is no estimate. It is a level taken from Ether's own chart: $2,775, the high of 22 September, and therefore only 2.7 percent away. The question this weekend is not whether ETH clears those $73. What decides matters is who will be able to sell at all over the next three weeks, and who will not.

Because 812,887 ETH are sitting in the staking exit queue, a good $2.2 billion. Anyone joining that queue today gets their money back in roughly 22 days. This is a hard liquidity question for every European investor who holds ETH in staking and wants to remain able to act before the Glamsterdam upgrade on 4 November.

Ethereum price at $2,702: 2.7 percent below the September high, 21.6 percent above the 200-day line

Let us place the price first, so the levels later do not come out of thin air. The following values are taken from CoinGecko's daily price series over the past 365 days, as of 4 October.

  • Current price: $2,702, or 2,399.90 euros
  • 200-day line: $2,117.74, with the price 27....
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