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 Forecast: Ether Price Should Continue to Rise





Ether is correcting lower against the US dollar and bitcoin. However, ETH/USD’s downside remains supported and the pair is in uptrend above $1,190.00.

Key Highlights

Ether is currently correcting lower from the $1383.50 high, but it remains supported against the US dollar.
There is an ascending channel forming with support at $1,190.00 on the 2-hour chart of ETH/USD.
ETH/BTC started a downside correction and traded below the 0.0900BTC level.

Technically, the 2-hour chart indicators are approaching their midlines in the bullish territory.

ETH/USD to Bounce Back?

A substantial downside correction was initiated in ETH/USD as the pair moved below the $1,300.00 and $1,260.00 support levels. However, the medium-term bullish trend is intact and there is a crucial support on the downside at $1,190.00.

Ether Price Analysis Chart

ETH/BTC also started a correction as it failed to break the 0.1000BTC resistance. The pair is moving lower and is currently trading below the 0.0900BTC level.

Starting with the 30-minute chart of ETH/USD, there is a clear short-term bearish bias forming. A low was formed at $1,122.51 before the pair started moving higher. It succeeded in moving past the 23.6 percent Fibonacci retracement level of the last decline from the $1,383.50 high to $1,122.51 low.

However, the previous support at $1,250.00 and the 50 percent Fibonacci retracement level of the last decline, from the $1,383.50 high to $1,122.51 low, both acted as a resistance.

It seems like Ether’s price is struggling to break the $1,250.00 level. Above the mentioned $1,250.00, there is a bearish trendline with resistance at $1,265.00.

Ethereum Price ETH/USD Forecast

When looking at the 2-hour chart of ETH/USD, there is an ascending channel forming with support at $1,190.00. The pair recently tested the channel support and recovered. As long as the price is above $1,190.00 and $1,150.00, it remains in an uptrend.

On the upside, a close above $1,250.00 is needed to overcome the current selling pressure. Above $1,250.00, the next major hurdle is a bearish trendline at $1,280.00. Past that, the price will most likely trade toward $1,350.00.

Important Resistance Levels

$1,250.00 and $1,280.00

Important Support Levels

$1,190.00 and $1,150.00

2-Hour RSI

The RSI is moving lower toward the 50 level.

2-Hour MACD

The MACD is currently reducing its bullish slope.

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.