As of November 12, Ethereum ($ETH) is down 15% this week, and our machine-learning algorithm projects a further decline by month’s end.
Finbold’s AI-powered prediction agent forecasts that Ethereum will trade at $1,915 on November 30, 2026, a level not seen since August.
The price target is the average of projections from two leading artificial intelligence (AI) models, DeepSeek Chat and ChatGPT-5.7 Luna, which gave roughly equivalent forecasts.
DeepSeek projects that $ETH will fall to $1,925.5 on November 30, while OpenAI’s model forecasts a price of $1,905.
Ethereum’s decline shows no sign of stopping
As of November 12, Ethereum ($ETH) is down 15% this week, and our machine-learning algorithm projects that its price will fall further by month’s end.
Ethereum-specific developments have also weighed on sentiment. For example, BitMine, the world’s largest corporate Ethereum treasury, reportedly disclosed a fiscal-year loss of $6.3 billion, while U.S. spot Ethereum ETFs saw net outflows of $144.8 million on November 11, according to SoSoValue.
Technically, $ETH is also trading below its seven-day average of $2,038, and its hourly relative strength index (RSI) is near 31, pointing to weak short-term momentum. The $2,012 level is now immediate support, while a recovery above $2,038 could open the way toward $2,101. Conversely, a break below $2,000 could put the next downside target near $1,970 in view.
Ethereum price outlook
Ethereum’s latest decline appears to reflect a mix of broader macroeconomic pressure and selling specific to $ETH, rather than one confirmed catalyst.
For now, the $2,000-$2,012 support zone and the ability to reclaim $2,038 are likely to shape the cryptocurrency’s near-term direction, which may depend on how much risk the market is willing to tolerate in the coming weeks.
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