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 Price Forecast: Ether Signaling Bullish Continuation





Ether’s price broke important resistances to turn bullish against the US dollar and bitcoin. ETH/USD is showing positive signs on the daily chart, suggesting further upsides.

Key Highlights

Ether’s price formed a significant support above $100.00 and bounced sharply against the US dollar.
ETH/USD surpassed a key bearish trendline with resistance at $105.00 on the daily chart.
ETH/BTC settled above 0.0320BTC and is currently consolidating gains.

Technically, the daily chart indicators climbed higher toward midlines in bearish territory.

Ether Price Weekly Analysis (ETH)

This past week, there were bearish moves in ETH/USD below $110.00 before buyers defended the $100.00 support area. The pair started a solid upward move and broke key resistances at $106.00, $115.00, and $120.00.

ETH/BTC followed a similar pattern after it found support near the 0.0300BTC level. The pair bounced sharply and broke the 0.0310BTC and 0.0320BTC resistance levels. Ether is currently consolidating gains above 0.0320BTC, with chances of more gains toward 0.0330BTC.

Ethereum Price Analysis ETH

Looking at the bigger picture, the daily chart of ETH/USD suggests that the pair may have formed a crucial bottom near the $100.00 support. Starting mid-January 2019, Ether’s price started a major decline from the $163.57 high and traded below the $120.00 support.

The price even broke the 50 percent Fibonacci retracement level of the upward move from the $82.12 low to $163.57 high. However, it found a strong buying interest near the $100.00 handle.

Finally, a nice double-bottom pattern was formed and the price jumped above the $110.00 resistance plus a bearish trendline on the same chart. It opened the doors for more gains and the price rallied above the $120.00 resistance.

Ether Price Analysis ETH

A new monthly high was formed at $123.15 and Ether is currently consolidating gains. The 2-hour chart of ETH/USD suggests that the pair might be forming a bullish flag, with resistance near the $120.00 level.

Therefore, a successful break above the $120.00 level could set the pace for further upsides above the $125.00 and $130.00 levels. Conversely, if there is a short-term downside correction, ETH might find support near the $115.00 level. The next key support is near $110.00 and the 50 percent Fibonacci retracement level of the recent move from the $101.40 low to $123.15 high.

Weekly Resistance Levels

$120.00 and $130.00

Weekly Support Levels

$115.00 and $110.00

Daily RSI

The RSI is closing in toward the 45-50 area.

Daily MACD

The MACD is about to move into 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, Ethereum 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.