ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us
ETHNews will sunset at the end of August. The site will remain accessible for a few weeks while necessary maintenance is performed. Thanks, as always, for reading.

Ethereum Weekly Forecast: ETH/USD Rolling Higher





Ether is rising with many bullish signs against the US Dollar and bitcoin. ETH/USD will possibly accelerate further toward $1,100.00 and $1,200.00.

Key Highlights

Ether is surging higher and is currently placed well above $1,000.00 against the US Dollar.
A crucial support is forming around $850.00-900.00 on the 12-hour chart of ETH/USD.
ETH/BTC is moving nicely higher with bullish moves above the 0.0600BTC support.

Technically, the 12-hour chart indicators are rising higher in the bullish territory.

ETH/USD to Continue Higher

It was a great week for Ethereum supporters as Ether’s price broke the $1,000.00 level for the first time and is currently placed well above the mentioned level.

Ethereum Price ETH/USD Weekly Forecast

More importantly, there was a recovery initiated in ETH/BTC. The pair moved higher and broke an important resistance at 0.0600BTC. The next key resistance on the upside sits at 0.0750BTC.

Starting with the 12-hour chart of ETH/USD, there are many bullish signs above the $800.00 level. The pair broke a major resistance zone at $850.00-900.00, which cleared all hurdles for a move above $1,000.00.

The pair recently traded to a new all-time above $1,050.00 and it seems like the current upside move is far from over. The broken resistance zone near $850.00-900.00 will most likely act as a support in the near term.

Moreover, there is a key bullish trendline forming on the same chart with support at $900.00. It seems like the current upside wave could extend beyond $1,050.00 toward the $1,100.00 level.

Moving down to the 2-hour chart of ETH/USD, there is an ascending channel forming with support at $1,000.00 and resistance near $1,080.00. Below the channel support, there is a bullish trendline with support at $940.00.

Ether Price Analysis Chart

The current technical bias is positive for Ether and the price will most likely continue moving higher toward the $1,100.00 level. Should there be a short-term correction, the $1,000.00 and $900.00 support levels should prevent declines.

The overall short-to-medium term bias remains bullish above $900.00. More upsides are likely in ETH/USD since the technical indicators are aligned nicely in the positive territory.

Important Resistance Levels

$1,080.00 and $1,100.00

Important Support Levels

$1,000.00 and $900.00

12-hour RSI

The RSI is moving higher toward the 70 level.

12-hour MACD

The MACD is gaining bullish momentum in the bullish zone.

Aayush Jindal

Aayush has spent over seven years as a financial markets contributor and observer. He specializes in market strategies and technical analysis. He strives to provide entertaining and informative analysis of the currency and commodities markets. He is a software engineer by profession and loves blogging.

ETHNews is commited to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Ether Price, Ether Price Chart and Ethereum Analysis News.

The content on is provided for informational purposes only and it is not intended to be, and does not, constitute financial advice or any other advice. You should not rely on any content to make an investment decision. is not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.