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 ---
Saturday Mar 24th 2018

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

ETH/USD Weekly Forecast: Ether in Clear Uptrend





Ether remains in a clear uptrend against the US Dollar, and recovering versus Bitcoin. ETH/USD is poised to break $350.00 in the near term.

Key Highlights

Ether is in a solid uptrend from the July 2017 low of $133.79 against the US Dollar.
There is a monster ascending triangle forming with support at $290.00 on the daily chart of ETH/USD.
ETH/BTC started recovering from 0.075BTC and poised to test 0.080BTC (support turned resistance).

Technically, the daily chart indicators continue to move higher in the bullish territory.

Ether Price to Break $350?

There was a decent rise in ETH/USD as the pair managed to hold the $280.00 support and settled above the $305.00 barrier this past week.

Ether Price Weekly Analysis Chart

In contrast, the ETH/BTC pair declined by more than 10% towards 0.075BTC and is currently recovering towards a major pivot at 0.080BTC.

Looking at the 4-hour chart of ETH/USD, there was a rejection from $345.00. The pair declined towards $290.00 before moving back in the bullish zone. There is a slow and steady uptrend in place with resistances near $340.00 and $345.00.

On the downside, there is a bullish trendline forming with support at $328.00. Provided that the trendline support at $328.00 is intact, the chances of Ether breaking the $345.24 high are very high.

Alternatively, a break and close below $325.00 would open the doors for an extended decline towards two crucial bullish trendlines with support around $310.00.

The $310.00 support is just above the 50 percent Fibonacci retracement level of the last leg from the $271.36 low to $345.24 high. Therefore, the mentioned $310.00 support holds a lot of significance for the current uptrend.

Ethereum ETH/USD Weekly Forecast

Moving on to the daily chart of ETH/USD, there is a monster ascending triangle forming with support at $290.00. On the upside, the triangle resistance is above $350.00.

The current price action suggests further gains in ETH/USD in the medium term above $350.00. In the long-term, Ether has largely recovered from $133.79 low and the technical structure suggests a growing upside momentum.

Weekly Resistance Levels

$345.00 and $350.00

Weekly Support Levels

$325.00 and $310.00

Daily RSI

The RSI is moving north towards the 65-70 levels.

Daily MACD

The MACD is slowly gaining pace 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, comes with an IT background. He possess strong technical analytical skills and is well known for his entertaining and informative analysis of the currency and commodities markets. He is a software engineer by profession, loves blogging and observing financial markets

ETHNews is commited to its Editorial Policy

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