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

ETH/USD Weekly Forecast: Ether’s Price Target $800





Ether’s price is eyeing further upsides by reaching $750.00 against the US Dollar. ETH/USD will most likely attempt a test of $1,000.00 during the coming week.

Key Highlights

Ether is moving higher with a strong bullish bias above $700 against the US Dollar.
There is a strong medium-term support base forming near $500.00 on the 12-hour chart of ETH/USD.
ETH/BTC is currently struggling due to rise in bitcoin price above $19,000 against the US Dollar.

Technically, the 12-hour chart indicators are placed nicely in the bullish territory.

Ether’s Price Uptrend is Intact

This past week, there were a couple of swing moves in ETH/USD, but the pair was able to hold the $610.00 support level and later started a fresh upside wave.

Ethereum Price ETH/USD Weekly Forecast

On the other hand, ETH/BTC after trading above 0.0400BTC failed to retain momentum and moved down. The pair is currently trading below the 0.0400BTC level and is under pressure due to the current rise in bitcoin price versus the US Dollar.

Starting with the 12-hour chart of ETH/USD, there is a clear uptrend in place above the $600.00 level. There are a few important points to note, which affirms the current bullish bias.

First, there is a strong medium-term support base forming near $500.00. Second, the current price formation is bullish and suggesting an upside break above the $750.00 level. Lastly, there are no bearish signs on the 12-hour chart, which means buyers are in full control and the price will most likely accelerate higher.

Moving on to the 2-hour chart of ETH/USD, the pair completed a correction pattern from the $758.69 high. It is currently moving higher and it recently broke a major bearish trendline with resistance at $700.00.

Ether Price Weekly Analysis Chart

It cleared the path for further upsides and Ether’s price may push above the last high of $758.69. The next target for buyers could be around $800.00 and $820.00.

The current price action is super bullish and ETH/USD is poised to gain momentum above $750.00 and $800.00. The next ultimate target could be $1,000.00, which would be a great achievement for Ethereum supporters and the blockchain community. 

Weekly Resistance Levels

$750.00 and $800.00

Weekly Support Levels

$610.00 and $500.00

12-hour RSI

The RSI is rising higher toward the 70 level.

12-hour MACD

The MACD is placed well 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.