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 Holding Uptrend Support





Ether’s price remains supported above $660.00 against the US dollar. ETH/USD could decline in the short term, but losses may possibly be limited.

Key Highlights

Ether’s price corrected lower and is approaching the $680.00 and $660.00 supports against the US dollar.
ETH/USD broke an important bullish trendline with support at $710.00 on the 2-hour chart.
ETH/BTC is in a consolidation phase below the 0.0850BTC resistance.

Technically, the 30-minute chart indicators are accelerating declines in the bearish territory.

Ether Price Analysis

Yesterday, we discussed a crucial bullish trendline with support around $700.00-710.00 on the 2-hour chart of ETH/USD. The pair broke the trendline support, but it is still placed nicely above an important support at $660.00.

There was no major movement in ETH/BTC during the past three sessions. It seems like the pair is consolidating and trading in a range of 0.0820BTC-0.0850BTC.

Ethereum Price ETH/USD Chart

Looking at the 2-hour chart of ETH/USD, the pair settled below the $700.00 support and also broke the 50 percent Fibonacci retracement level of the last wave from the $657.71 low to $722.63 high.

However, the decline was protected by a key support at $680.00 and the 61.8 percent Fibonacci retracement level of the last wave from the $657.71 low to $722.63 high. Additionally, there is another significant support at $660.00, which is likely to hold the current uptrend.

Should Ether buyers fail to keep the price above $660.00, there could be a change in trend and the price will most likely drop back toward $620.00. Moving down to the 30-minute chart of ETH/USD, it seems like Ether’s price is under selling pressure and is following a major bearish trendline with current resistance at $690.00.

Ether Price Analysis Chart

Therefore, a close above $690.00 may decrease the current bearish pressure and Ether could move past $700.00. On the flip side, a break below $680.00 may well expose the $660.00 support.

Overall, the current price action is slightly bearish but as long as ETH/USD is above $660.00, it could bounce back.

Important Resistance Levels

$690.00 and $700.00

Important Support Levels

$680.00 and $660.00

30-minute RSI

The RSI has reached oversold levels with a few recovery signs.

30-minute MACD

The MACD is gaining pace in the bearish 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.