Ethereum Price Analysis: ETH/USD Could Test $212-214

2018-9-25 09:16

Key Highlights

ETH price is under a downside correction since it broke the $245 support against the US Dollar. Yesterday’s discussed contracting triangle with support near $242 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend losses towards the next support at $214 and $212.

Ethereum price is facing an increased selling pressure against the US Dollar and bitcoin. ETH/USD may continue to slide towards the $212 support in the near term.

Ethereum Price Analysis

It seems like there was a failure to hold gains above the $240 level in ETH price against the US Dollar. The ETH/USD pair started a downside correction and broke the $242 and $235 support levels. There was also a break below the 50% Fib retracement level of the last wave from the $205 low to $256 high. It opened the doors for more losses and the price settled below $240 plus the 100 hourly simple moving average.

Moreover, yesterday’s discussed contracting triangle with support near $242 was breached on the hourly chart of ETH/USD. The pair is now placed in a bearish zone below the $235 level. It could even settle below the 61.8% Fib retracement level of the last wave from the $205 low to $256 high. Below $220, the next major support is near the $212-214 zone, which was a resistance earlier. On the other hand, if the price moves higher, the $235 level could act as a resistance. Additionally, the 100 hourly SMA at $234 may also act as a resistance.

Looking at the chart, ETH price is likely to revisit the $212-214 support zone. To recover, the price has to move back above the $235 and $240 levels in the near term. More importantly, below $212, the price could turn bearish towards $200 and $190.

Hourly MACD – The MACD is now back in the bearish zone.

Hourly RSI – The RSI is well above the 40 level.

Major Support Level – $214

Major Resistance Level – $235

The post Ethereum Price Analysis: ETH/USD Could Test $212-214 appeared first on NewsBTC.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ethereum (ETH) на Currencies.ru

$ 1708.36 (+1.29%)
Объем 24H $18.368b
Изменеия 24h: 4.98 %, 7d: -14.36 %
Cегодня L: $1688 - H: $1712.18
Капитализация $206.173b Rank 2
Цена в час новости $ 210.51 (711.53%)

eth ethereum price usd support could analysis

Источник: newsbtc.com

eth ethereum → Результатов: 126


Ethereum Price Prediction: What To Expect From ETH in June 2026

Ethereum (ETH) price is about to close May 12.6% in the red as $401.62 million in ETH spot ETF outflows hit sentiment. The drop broke a streak that saw May close green in 2024 and 2025. With June historically a weak month for ETH, the setup pits ETF outflows and bearish seasonality against fresh signs The post Ethereum Price Prediction: What To Expect From ETH in June 2026 appeared first on BeInCrypto.

2026-5-28 11:30


Ethereum Price News: Spot ETH ETFs Cross $14B in 2026 Inflows and Here Is Why Pepeto Could Multiply Your Capital Faster

Ethereum price news turned structural this week as global spot ETH ETFs crossed $14 billion in year-to-date net inflows, with BlackRock’s ETHA fund pulling $37 million in a single session. ETH trades at $2,283 on May 7, down from a $2,400 high yesterday as sellers took control, but the institutional money keeps buying through every […] The post Ethereum Price News: Spot ETH ETFs Cross $14B in 2026 Inflows and Here Is Why Pepeto Could Multiply Your Capital Faster appeared first on CaptainAltcoin.

2026-5-9 08:30


Bitmine’s Ethereum Holdings Cross 4% Milestone After Latest Weekly Accumulation

Bitmine Immersion Technologies has pushed its Ethereum (ETH) exposure to new highs. The firm’s holdings surpassed 4% of the total ETH supply as it accelerates its accumulation strategy. In its latest update, the company revealed it acquired 71,524 ETH over the past week, its “highest pace of buys since the week of December 22, 2025.

2026-4-14 07:57


Ethereum falls after rally as EF sells $8.3M in ETH holdings

Ethereum price moved slightly early Thursday as fresh scrutiny hit with the Ethereum Foundation (EF)’s move to convert a significant portion of its treasury from ETH into stablecoins. While the announcement coincided with the volatile price action that followed the US-Iran ceasefire, the top altcoin’s value pared some of the gains to around the $2,180 level as on-chain data showed EF’s treasury had sold 3,750 ETH for over $8.

2026-4-9 14:29


Analysts Predict $4500 Valuation to Ethereum (ETH), Ethereum Foundation Push Staked ETH to 70K

In early April, the Ethereum Foundation made headlines by staking another $93 million worth of ETH in a single session, pushing its total close to the 70,000 ETH target. This move highlights growing confidence in the network’s long-term strength after the successful Pectra upgrade and ahead of the anticipated Glamsterdam hard fork.

2026-4-7 01:00


Фото:

ICYMI: Ethereum Co-Founder Has Been Moving ETH To Exchanges, Here’s How Much

On-chain data has identified a massive ETH transfer linked to Ethereum co-founder Jeffrey Wilcke, raising immediate concerns about potential insider selling pressure on the already fragile market. Blockchain analytics platform Arkham Intelligence flagged the large-scale transaction, drawing widespread attention across the crypto community.

2026-3-12 22:00


Ethereum Foundation планирует блокировку в стейкинге 70 000 ETH

Некоммерческая организация Ethereum Foundation (EF) приступила к стейкингу части казначейских средств. Первая транзакция составила 2016 ETH. На первом этапе фонд суммарно заблокирует 70 000 ETH. Все доходы направят на поддержку экосистемы второй по капитализации криптовалюты: финансирование исследований и гранты для сообщества.

2026-2-25 13:51


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru