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’s bullish trend was rejected by the previous weekly high, which stands tall at $2,539.0. This resistance area is backed by a high-volume node, making it a reliable supply zone.
From a technical perspective, ETH could decline toward the $2,397.0 support if the previous weekly high holds. Furthermore, a break below $2,397.0 can trigger a new bearish wave, targeting the previous week’s low at $2,192.0.
Please note that the bearish outlook should be invalidated if ETH/USD closes and stabilizes above the $2,539.0 resistance.
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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