- Ethereum $ETH Price Predictions: Ethereum tests the $2100 level after bouncing from the $1740 level:

The Ethereum network saw liquidations of futures contracts worth $136 million over the past 24 hours, led by liquidations of short positions worth $87 million, according to Coinglass data.

The price of Ethereum $ETH (ETH) rose from the support level of $1740 on Friday after its largest drop since the liquidation that took place on October 10. This leading altcoin is testing the $2100 level on Saturday, and it may rise to $2380 if it surpasses this level. However, any rejection could bring it back to the $1740 level.

Daily chart for the ETH/USDT pair

The Relative Strength Index (RSI) and the Stochastic Oscillator (Stoch) have slightly retreated from the oversold area, indicating a slight decline in bearish momentum.