This Ethereum analysis reviews the cryptocurrency from technical aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the Ethereum price changes.
Ethereum Analysis & Live Chart
Ethereum Technical Analysis
FenzoFx—Ethereum trades sideways after failing to surpass the $1,690 resistance. As of this writing, the cryptocurrency trades at approximately $1,565, testing this level as a support zone.
From a technical perspective, the trend outlook remains bearish as long as the price stays below $1,755. However, the price must stabilize below $1,565 for the downtrend to resume.
In this case, ETH/USD could dip toward the $1,470 support. Furthermore, if selling pressure drives the price below $1,470, the next support level will be $1,370.
The Bullish Scenario
The critical resistance level is $1,755. A new bullish wave may emerge if bulls close and stabilize above this level. If this unfolds, the next bullish target could be the $1,950 resistance level.
Ethereum Support and Resistance Levels
| Support | 1,565 | 1,470 | 1,370 |
| Resistance | 1,690 | 1,755 | 1,950 |
Ethereum Trends Through Technical Indicators
The widget below calculates ETH/USD market trends using multiple indicators, such as moving averages and oscillators. It allows you to review market trends across various time frames easily.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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