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.

ETH/USD Forecast: Ether’s Price Remains in Uptrend





Ether’s price remains in an uptrend against the US dollar and bitcoin. ETH/USD’s correction was limited and the pair found a major support above $710.00.

Key Highlights

Ether corrected lower recently and traded below the $750.00 support against the US dollar.
There is a crucial uptrend channel forming with current support at $740.00 on the 4-hour chart of ETH/USD.
ETH/BTC is holding gains and is currently trading above the 0.0450BTC level.

Technically, the 4-hour chart indicators remain in the bullish territory and are moving higher.

ETH/USD to Settle Above $800?

A substantial correction was initiated in ETH/USD from the $867.75 high. It traded below the $800.00 and $740.00 support levels before finding strong buying interest above $710.00.

On the other hand, ETH/BTC succeeded in holding yesterday’s gains above 0.0400BTC. It has moved above the 0.0450BTC level and is currently trading in the positive zone.

Ethereum Price ETH/USD Forecast

Looking at the 4-hour chart of ETH/USD, there is a crucial ascending channel forming with current support at $740.00. The recent downside was protected by the channel support above $710.00, and it seems like the pair is preparing for an upside move toward $840.00.

However, Ether buyers need to make sure that the price stays above the $780.00 and $740.00 support levels. Looking at the hourly chart of ETH/USD, the pair traded above the 50 percent Fibonacci retracement level of the last decline from the $867.75 high to $711.26 low.

The pair is about to settle above a bearish trendline with resistance at $800.00. A successful hourly close above $800.00 would be a great signal of further gains in Ether’s price toward $840.00 and $850.00.

Ether Price Analysis Chart

An intermediate resistance is around $810.00, the 61.8 percent Fibonacci retracement level of the last decline from the $867.75 high to $711.26 low.

On the downside, the $780.00 level is an initial support followed by the 4-hour chart channel support at $740.00. Below this last support, Ether would most likely test the $700.00 handle.

The overall trend is bullish above $740.00 and ETH/USD could accelerate to $850.00 in the near term. 

Important Resistance Levels

$810.00 and $850.00

Important Support Levels

$780.00 and $740.00

4-hour RSI

The RSI retreated from the 50 level and is currently moving higher.

4-hour MACD

The MACD reduced its bullish slope, but there are many positive signs.

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.