Ethereum price prediction: the low turned at $2,495.93, and two dates decide this week

Ether's daily low came in at $2,495.93 overnight into Monday. The $2,495 level, the one we asked about on Sunday, therefore held, and it held by 93 cents. On Monday morning Ethereum trades at $2,562.06, up 2.36 percent over 24 hours. Over seven days the price is still down 5.17 percent. This week brings two fixed dates that can move the price more than any news from the network itself: the US consumer price index on Wednesday and the options expiry on Friday.

What the Ethereum price sheet shows on Monday morning

The figures come from CoinGecko as of Monday morning. Ether costs $2,562.06. The daily high stands at $2,567.88, the daily low at $2,495.93. Market capitalisation is $312.9 billion, and turnover over the past 24 hours $9.83 billion. A good 3.1 percent of the entire market capitalisation therefore changes hands in a single day, a normal reading for a quiet Monday.

The all-time high of $4,946.05 is 48.2 percent away. Bitcoin trades at $83,921 and sits 33.4 percent below its own peak. The gap between those two numbers is the real finding of this autumn: Ether has recovered considerably less from the setback than the larger currency.

The $2,495 level in the Ethereum price held by 93 cents