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

Ethereum Price Forecast: ETH/USD Likely to Break Higher





Ether is placed nicely for more upsides against the US dollar and bitcoin. ETH/USD has to surpass the $1,075.00 and $1,100.00 resistance levels to gain momentum.

Key Highlights

Ether is trading with a bullish bias above the $1,000.00 support against the US dollar.
ETH/USD will look to break the $1,075.00 and $1,100.00 resistance points to gain upside traction.
ETH/BTC is still bullish and it looks set for a move toward the 0.1000BTC resistance.

Technically, the hourly chart indicators are slowly moving higher in bullish territory.

Ether Price Looks To Climb Higher

There was a decent bullish bias forming during the past few hours as ETH/USD succeeded in avoiding further declines and recovered toward the $1,050.00 level.

Ethereum Price ETH/USD Forecast

ETH/BTC is still in a positive zone and is currently trading near 0.0950BTC. It could continue to move higher toward the all-important 0.1000BTC resistance.

In yesterday’s analysis, we reviewed how Ether’s price is preparing for the next move either above $1,080.00 or below $980.00. The price is still trading in a range pattern and is holding a positive bias above the $1,000.00 support.

ETH/USD moved slowly higher and traded toward the $1,050.00 level. The 6-hour chart also suggests that the pair is approaching a crucial break. There are two connecting bearish trendlines to the topside with resistance at $1,075.00.

On the downside, there is a bullish trendline forming with support at $1,000.00. Today’s session should provide some clarity on the price’s direction, whether it approaches the next break above $1,075.00 or below $1,000.00.

The range is contracting and it would slowly open the doors for the next important break. A successful close above $1,075.00 and break of the $1,100.00 pivot level could ignite further upsides in the near term.

Ether Price Analysis Chart

Moving down to the 30-minute chart of ETH/USD, the pair is attempting to surpass two bearish trendlines at $1,060.00. Should Ether’s price move past $1,060.00, it may continue to move higher.

To sum up, there are numerous positive indicators on both 30-minute and 6-hour charts, which suggests further gains in ETH/USD above $1,060.00.

Important Resistance Levels

$1,075.00 and $1,100.00

Important Support Levels

$1,020.00 and $1,000.00

6-hour RSI

The RSI is about to move above the 50 level.

6-hour MACD

The MACD is stable 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.