Ethereum Price Prediction: ETH Forecast Analysis

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Ethereum (ETH) Price Predictions: Market Data Forecasts and ETH/USD Value Charts

Ethereum (ETH) Long-Term Price Forecast: June 8, 2019

The appearance of small body candlesticks provides indecision between the buyers and sellers at the current market price.

At the upper price level, if there is a bullish breakout at the $280 resistance level, the ETH price will rally above the $320 price level.

ETH/USD Long-term Trend: Ranging

Resistance Levels: $280, $300, $320

Support Levels: $240, $220, $200

The ETH/USD pair is trading in a range-bound zone. The ETH market is trading between the levels of $240 and $280. In the last three weeks, the bulls and the bears were yet to break their respective levels. On June 3, the bulls were resisted and the price fell to the $240 support level.

The lower price range was holding as the bulls took another initiative to resume the range bound move. However, the appearance of small body candlesticks provides indecision between the buyers and sellers at the current market price. Nevertheless, if the crypto continues its range-bound movement, the price of Ethereum is likely to face a bullish breakout or a bearish breakout.

At the upper price level, if there is a bullish breakout at the $280 resistance level, the ETH price will rally above the $320 price level. On the other hand, if there is a bearish breakout at the $240 price level, the coin will depreciate to a low at $160 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: June 7, 2019

From the Fibonacci tool, the price of Ethereum had been trading in the 0.236 and 0.382 Fib. retracement levels.These are continuation zone of a trending market.

Nevertheless, if the bulls break the overhead resistance, the crypto's price will reach the highs of $320 or $350 price level.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $260, $280, $300

Support Levels: $240, $220, $200

Yesterday, June 6, the price of Ethereum was in a sideways trend. On May 16, the ETH market reached the $280 overhead resistance level. From the price action, each time the bulls tested the $280 overhead resistance they would be resisted. The market would fall and have a downward correction to the support of the $240 price level.

There had not been any bullish break or bearish break in the last three weeks. The crypto's price fluctuates between the levels of $240 and $280. This had been the scenario since the market reached the $280 overhead resistance. From the Fibonacci tool, the price of Ethereum had been trading in the 0.236 and 0.382 Fib. retracement levels.

These are continuation zone of a trending market. From Fibonacci retracement levels of 0.236 and 0.382, the price of a crypto can rise. On the other hand, if these levels are broken, the crypto will be in a downtrend. Nevertheless, if the bulls break the overhead resistance, the crypto's price will reach the highs of $320 or $350 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH is in a sideways trend. The 12-day EMA and the 26-day EMA have flattened and are sloping horizontally indicating that the price is ranging. The bearish candlestick are testing the lower price range as downward price correction.

The ETH market is also characterized by small body candlesticks describing the indecision between buyers and sellers in the market. The ETH price is fluctuating between the levels of $236 and $252. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: June 6, 2019

The overhead resistance has compelled the coin to a range bound move between the levels of $240 and $280.

Nevertheless, from every indication, the bulls have defended the support level at four different occasions.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $260, $280, $300

Support Levels: $240, $220, $200

Yesterday, June 5, the price of Ethereum was in a sideways trend. On May 16, the price of Ethereum had its peak price at the $280 price level. The bulls had been resisted on three occasions at the $280 overhead resistance level. The overhead resistance has compelled the coin to a range bound move between the levels of $240 and $280. In the month of May, ETH price corrected itself at the lower price level where buyers emerged.

On May 18, the ETH price corrected itself at the $233 price level. Also, On May 22 and 30, the crypto corrected itself at the $243 and $254 price level, thus forming the lower price range. Similarly, on June 4, the price corrected itself at the $241 price level.

Nevertheless, from every indication, the bulls have defended the support level at four different occasions. On the upside, if the bulls make an upward move the $280 overhead resistance is likely to be broken. On the downside, a breakdown, at the $240 price level will depreciate the coin to a low at $180 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH is in a sideways trend. At the lower time frame, the market is trading in a tight range between the levels of $240 and $248 price level. The 12-day EMA and the 26-day EMA have flattened indicating the sideways trend.

Small body indecisive candlesticks are above the moving averages indicating the indecision between the buyers and the sellers. Nevertheless, a price breakout and a price down is imminent in the nearest future. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: June 5, 2019

On the upside, if the price of a candlestick breaks the trend line and another one closes beside it, the bearish trend is said to be terminated.

The bulls tested the $280 overhead resistance once and failed to break it.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $250, $260, $270

Support Levels: $230, $220, $210

Yesterday, June 4, the price of Ethereum was in the bearish trend zone. On May 30, the price of Ethereum reached the $280 overhead resistance. The bulls tested the $280 overhead resistance once and failed to break it. The downward correction was to the $250 support level but the bulls made an upward move above the 12-day EMA and the 26-day EMA. However, the ETH price was facing another resistance at the $270 price level.

The bulls tested the $270 resistance level on three occasions and were resisted. On June 2, the ETH market fell and was on a downward correction to a low at the $235 price level. A bearish trend line has been drawn showing the resistance levels of price. The bearish trend is said to be ongoing if the trend line is unbroken.

On the upside, if the price of a candlestick breaks the trend line and another one closes beside it, the bearish trend is said to be terminated. Today, the bullish candlesticks are approaching the trend line. In a few hours, the bearish trend is likely to be terminated. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH is in a bearish trend. Initially, the ETH market fell to the support level of $245 price level. The bulls made an upward move above the EMAs but were trading below the $275 price level after being resisted. The ETH market fell to the support of the $235 price level. The $235 price level was well supported as the bulls made an upward move to break the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: June 3, 2019

On the downside, if the bearish pressure continues, the ETH market will revisit the lows of $230 support level.

On the upside, if the bulls break above the EMAs the crypto's price is likely to rise to retest the $280 overhead resistance level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $270, $280, $290

Support Levels: $240, $230, $240

Last week the price of Ethereum was still in a sideways trend. The ETH market was ranging below the $280 overhead resistance level. On May 30, the bulls failed to break the overhead resistance level and they were resisted. The crypto's price fell and the market had a downward correction. The price fell to the support of the $240 price level but the bulls pulled back price above the $250 price level.

At the support of the $250 price level, the bulls made an upward move above the 12-day EMA and the 26-day EMA. The bulls were resisted at the $270 price level and the crypto is below the EMAs. On the downside, if the bearish pressure continues, the ETH market will revisit the lows of $230 support level. On the upside, if the bulls break above the EMAs the crypto's price is likely to rise to retest the $280 overhead resistance level.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH is in a sideways trend. The ETH market had a downward correction to a low at $250 price level. The bulls pulled above the EMAs to reach the bullish trend zone. The crypto's price was resisted at the $275 price level and the price fell to a range bound move.

The EMAs are sloping horizontally indicating the range bound move. The crypto's price is below the EMAs which indicates the price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: June 1, 2019

On the upside, if the bulls break the $280 resistance level, the crypto's price will rise to a high of $ 320.

On the downside, if the bears break the $240 price level, the crypto's price will fall to a low at $160 or $180 price level.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $280, $300, $320

Support Levels: $240, $220, $200

The ETH/USD pair is trading in the bullish trend zone. The price of Ethereum was initially in a sideways trend at the beginning of May. The bulls were resisted at the $180 price level. The ETH market was in a sideways trend trading below the $180 price level. On May 11, the bulls broke the $180 resistance level and the crypto's price rose and tested the $280 resistance level.

Nevertheless, since on May 16, the ETH market has been fluctuating between the levels of $240 and $280 . Each time the bulls tested the $280 resistance level, the price would fall to the support of the 12-day EMA. On May 31 the price retraced to the support of the 12-day EMA or $240 price level. On the upside, if the bulls break the $280 resistance level, the crypto's price will rise to a high of $ 320.

On the downside, if the bears break the $240 price level, the crypto's price will fall to a low at $160 or $180 price level. On May 1, the coin has an opening balance of $170 and a closing balance of $267 as at May 31. This implies that the price of Ethereum has appreciated by 57% of its capitalization in the month of May, 2019. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 31, 2019

On the upside, if the $250 price level holds, the crypto’s price will make a bullish move to retest the previous highs.

On the other hand, if the bearish trend continues, the market will reach the low at $230 price level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $270, $280, $290

Support Levels: $240, $230, $240

Yesterday, May 30, the price of Ethereum was still in a bearish trend. In retrospect, the ETH market had been range bound between the levels of $230 and $280 in the last two weeks. Yesterday, the bulls broke the $280 overhead resistance to reach the $290 price level. Nevertheless, the bulls were resisted and the market fell in a downward correction to the range bound zone.

The candlestick tested the $240 price level but closed above the $250 price level. The bears were exhausted at the $240 price level. On the upside, if the $250 price level holds, the crypto’s price will make a bullish move to retest the previous highs. On the other hand, if the bearish trend continues, the market will reach the low at $230 price level.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH is in a bearish trend zone. Yesterday, the ETH market experienced a price breakdown. The bulls were resisted at the $290 price level and the price fell to the previous low at $250. At the $250 support level the crypto’s price made an upward move but it is facing resistance at the $257 price level.

However, if the price continues its retracement, the crypto’s price might fall to the support of the previous $240 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 30, 2019

On the upside, if the bulls break the $280 price level, the market is likely to rise to the highs of $290 and $300 price level.

On the downside, if the bulls fail to break the $280 price level, the market will fall to the support of the 26-day EMA or continue its range bound move.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $270, $280, $290

Support Levels: $260, $250, $240

Yesterday, May 29, the price of Ethereum was still in a sideways trend. Since on May 26, the ETH market had been fluctuating between the levels of $260 and $280. The bulls were being resisted at the $275 price level while it was well supported at the $260 price level.

On the upside, if the bulls break the $280 price level, the market is likely to rise to the highs of $290 and $300 price levels. On the downside, if the bulls fail to break the $280 price level, the market will fall to the support of the 26-day EMA or continue its range bound move. The MACD line and the signal line are above the zero line which is a buy signal.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH is in a bullish trend zone. The bulls have broken the $280 overhead resistance and price is approaching the $290 price level. Nevertheless, if the bulls sustain the price above the $280 price level, the bulls will retest the previous highs.

However, if the bulls face resistance at $295, the crypto’s price is likely to fall to the range bound zone. On the other hand, if the bulls break the initial resistance, the crypto’s price will soar above the $300 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 29, 2019

The crypto’s price is fluctuating between the levels of $264 and $276 in a tight range.

The ETH market is likely to rise if the support of the 12-day EMA holds. The bulls will retest or break the $280 overhead resistance.

On the other hand, if the bears break below the EMAs, the market will fall to a low at $250 or $260 price level.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $270, $280, $290

Support Levels: $260, $250, $240

Yesterday, May 28, the price of Ethereum was in a sideways trend. In the last 48 hours, the bulls have failed to break the $280 overhead resistance level. The crypto’s price was trading below the $280 overhead resistance but above the 12-day EMA.

The ETH market is likely to rise if the support of the 12-day EMA or the 26-day EMA holds. The bulls will retest or break the $280 overhead resistance. On the other hand, if the bears break below the EMAs, the market will fall to a low at $250 or $260 price level. However, the bearish pressure is being exhausted above the $260 price level.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH is in a sideways trend zone. The 12-day EMA and the 26-day EMA are trending horizontally indicating a sideways trend. The crypto’s price is fluctuating between the levels of $264 and $276 in a tight range.

If the bulls break the $276 price level, the market will rise above the $280 overhead resistance. On the other hand, if the bears broke below the $264 price level, the ETH market will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 27, 2019

The crypto’s price is likely to retest or break the $280 overhead resistance if the bulls sustain the price above the $260 price level.

The crypto’s price is hovering below the $272 resistance level as the bulls failed to break the resistance level.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $270, $280, $290

Support Levels: $260, $250, $240

Last week the price of Ethereum was in a sideways trend. The crypto’s price was trading below the $260 overhead resistance level. In the previous week, the bulls tested the $260 overhead resistance but the price fell to the support of the 12-day EMA and the 26-day EMA. On May 23, the bears broke below the EMAs after the overhead resistance to a low at the $230 price level.

At the $230 support level, the bulls made an upward move above the EMAs. Yesterday, the bulls broke the $260 overhead resistance which was a positive move. This indicates that the bulls were in control. The crypto’s price is likely to retest or break the $280 overhead resistance if the bulls sustain the price above the $260 price level. However, if the price retraces and breaks below the $260 price level, the ETH price will commence its range move.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH is in a bullish trend zone. Last week the crypto’s price was in a sideways trend. The coin was trading between the levels of $245 and $255. Yesterday, the ETH price had a price rally as the bulls reached the $272 price level.

The crypto’s price is hovering below the $272 resistance level as the bulls failed to break the resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: May 25, 2019

The price of Ethereum is now trading below the $260 price level.

From the Fibonacci retracement tool, the market fell and the bears broke the 0.236 and 0.382 Fib. retracement level. The crypto’s price found support at the 0.382 (38.2%) Fib. retracement level.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $260, $280, $300

Support Levels: $240, $220, $200

The ETH/USD pair is still trading in the bullish trend zone. From the price action, the ETH market reached a high at $263 price level but the bulls were resisted. The crypto’s price had a downward correction to a low at $233 price level.

At the support level, the bulls made an upward move to the previous high but were resisted again at the $260 price level. The price of Ethereum is now trading below the $260 price level. From the Fibonacci retracement tool, the market fell and the bears broke the 0.236 and 0.382 Fib. retracement levels. The crypto’s price found support at the 0.382 (38.2%) Fib. retracement level.

This implies that the bullish trend is likely to continue in the continuation zone of the Fib. retracement level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 24, 2019

The ETH market is still range bound between the levels of $230 and $260.

On the upside, the bulls have to break the $250 price level to retest the $260 and $280 resistance levels.

On the other hand, if the bulls fail to break the resistance level, the ETH market will remain in the range bound zone.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Yesterday, May 23, the price of Ethereum was in a sideways trend. The ETH market is still range bound between the levels of $230 and $260. Yesterday, the crypto’s price fell to the support of the lower price range. The bulls bounced back and made an upward move.

Presently, within the range bound zone, the ETH price is likely to face initial resistance at the $250 price level. On the upside, the bulls have to break the $250 price level to retest the $260 and $280 resistance levels. On the other hand, if the bulls fail to break the resistance level, the ETH market will remain in the range bound zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. Yesterday, the market fell to the support level at the $232 price level. The bulls made a pulled back above the 12-day EMA and the 26-day EMA but it is likely to face resistance at the $248 price level.

The ETH market was characterized by small body candlesticks like the Doji and the Spinning tops. It showed that the buyers and sellers were undecided about the direction of the current market price. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 23, 2019

A price break out would make the market rally above $280 price level.

A price break down would further depreciate the crypto’s price. Yesterday, the market fell and depreciated to a low at $243 price level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Yesterday, May 22, the price of Ethereum was in a sideways trend. The crypto’s price now ranges above the 12-day EMA but trades below the $260 resistance level. The ETH market is range bound between the levels of $230 and $260. The candlesticks pattern has changed to small bodies price bars like the Doji and the Spinning tops.

This described the indecision between the buyers and the sellers at the current market price. Nevertheless, the crypto’s price is above the 12-day EMA which indicates that price will make an upward move. However, if the market continues its range-bound movement, the crypto is set for a price breakout or a price break down.

A price break out would make the market rally above $280 price level. A price break down would further depreciate the crypto’s price. Yesterday, the market fell and depreciated to a low at $243 price level. Nevertheless, the crypto’s price is below the EMAs and will further depreciate to the previous low at $230 price level.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. The market had been on a downward correction after the resistance at the $280 price level. On May 21, the bulls were also resisted at the $262 price level. The ETH price was also resisted at the $260 and the $257 price levels.

On each resistance, the price would fall below the EMAs but the bulls would make attempt to pull above the EMAs. Yesterday, the market fell and dropped to the previous low at $243 to commence a range bound move. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 22, 2019

The market is now ranging below the $260 resistance level and at the same time supported at the $230 price level.

On the upside, if the bulls break the $260 resistance level, the crypto’s price is likely to retest the $280 resistance level.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Yesterday, May 21, the price of Ethereum was in a sideways trend. Last week, May 17, the market was in a downward correction as the price fell to the support level at $230 price level. On May 19, the bulls bounced off from the support level and rose to a high at $260 price level. The ETH price is now facing resistance at the $260 price level.

The market is now ranging below the $260 resistance level and at the same time supported at the $230 price level. From the price action, the crypto’s price is above the 12-day EMA which indicates that price will make an upward move.

On the upside, if the bulls break the $260 resistance level, the crypto’s price is likely to retest the $280 resistance level. On the other hand, if price breaks below the EMAs, the market will fall to a low at $230 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH was in a sideways trend zone. The bulls are facing resistance at the $262 price level. On May 19, the crypto’s price was resisted at the $262 price level and the price fell to the support level at $244. The bulls bounced back above the 12-day EMA and the 26-day EMA to retest the $262 resistance level.

On May 21, the bulls were resisted again and the price fell to the support of the EMAs. From the price action, the coin is likely to have an upward move because it is above the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 20, 2019

On the upside, if the price is sustained above the moving averages, the bulls are likely to retest the $260 and $280 resistance levels.

However, if the bulls fail to break the resistance levels, the crypto’s price will fall back to the bearish zone.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Last week the price of Ethereum was in a bullish trend. The market reached a high at $280 price level. The crypto’s price was resisted at the $280 price level and the market was in a downward correction. The crypto’s price fell to the $230 price level to form the support level. The coin is range bound between the levels of $230 and $280 .

The crypto’s price made a bullish move and it is currently facing resistance at the $260 price level. On the upside, if the price is sustained above the moving averages, the bulls are likely to retest the $260 and $280 resistance levels. However, if the bulls fail to break the resistance levels, the crypto’s price will fall back to the bearish zone. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. The crypto’s price fell to the 0.50 Fib. retracement level as price ranges above it. The 0.50 retracement level is likely to hold as the price broke the bearish trend line terminating the bearish trend. From the price action, the crypto’s price is below the EMAs which indicates that price is likely to fall. On the downside, if the bearish trend continues, the market is likely to fall to the $230 price level.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: May 18, 2019

On the upside, if the bears fail to break the 0.236 and the 0.382 retracement level, the bull will retest the $260 and $280 resistance levels.

On the downside, if the bears break the 0.236 and the 0.382 retracement level, the crypto’s price will resume a downward trend.

ETH/USD Long-term Trend: Bearish

Resistance Levels: $260, $280, $300

Support Levels: $240, $220, $200

On May 16, the recent surge in volatility led the ETH/USD pair to reach a high of $263.99. On May 17, the market had a slight retracement and tested the support of the 0.382 Fib.retracement level . Today, the ETH price is trading within the bullish continuation zone of the Fibonacci retracement level. On the upside, if the bears fail to break the 0.236 and the 0.382 retracement level, the bull will retest the $260 and $280 resistance levels.

On the downside, if the bears break the 0.236 and the 0.382 retracement levels, the crypto’s price will resume a downward trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 17, 2019

The downward trend is continuing as the bears broke the 0.236 and 0.382 Fib. retracement levels.

On the downside, the price is likely to fall to the $200 price level or 0.786 Fib. retracement level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Yesterday, May 16, the price of Ethereum was in a bearish trend. Yesterday, the ETH market reached a high at $280 price level in a recent surge in volatility but the bears resisted the bulls. The crypto’s price made a sharp drop to a low at the price of $240.68. The downward trend is continuing as the bears broke the 0.236 and 0.382 Fib. retracement levels.

On the downside, the price is likely to fall to the $200 price level or 0.786 Fib. retracement level. The crypto's price will resume its bullish trend at the $200 support level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. The bulls were resisted at the $278 resistance level and it fell to a low at $240.68. Today, the ETH price is ranging below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall. The MACD line and signal line are below the zero line which indicate a sell signal. The ETH price is currently trading at $240.13 as at the time of writing.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 16, 2019

If the price is holding at the support of the trend line, the crypto’s price will resume its bullish trend to retest the $270 price level.

However, if the price breaks the trend line, it is likely that the selling pressure will resume.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $250, $260, $270

Support Levels: $240, $230, $220

Yesterday, May 15, the price of Ethereum was in a bullish trend. Since on May 14, the crypto’s price was making a series of higher highs and higher lows. The market rose from its low at $216.50 to a high at $270 price level. From the chart, the market has retraced to the support of the bullish trend line.

If the price is holding at the support of the trend line, the crypto’s price will resume its bullish trend to retest the $270 price level. However, if the price breaks the trend line, it is likely that the selling pressure will resume. That is the price is likely to fall to another low at $226 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH was in a bullish trend zone. Yesterday, the ETH price was trading at $246.78 and the price level was sustained up till the $270 price level. Presently, the bulls tested the $270 resistance level and were resisted. The crypto’s price has broken the trend line and another bearish candlestick closing after it. Technically, the current trend is likely to have reversed. The coin is currently trading at $259.30 as at the time writing.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 15, 2019

The ETH price has continued to rise after the bulls broke the resistance levels to reach the $227 price level.

The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $190, $180, $170

Yesterday, May 14, the price of Ethereum was in a bullish trend. Since on April 25, the crypto market had been rising after its fall to the support of the $150 price level. The ETH price has continued to rise after the bulls broke the resistance levels to reach the $227 price level. The crypto surge in volatility had been consistent since April 25.

A trend line has been drawn to monitor the duration of the bullish trend. The trend line is drawn to touch at least two candlesticks. The bullish trend is ongoing if the trend line is unbroken. A broken trend line means the bullish trend has been terminated. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH was in a bullish trend zone. Yesterday, the bulls broke the $210 resistance level as price reached the $230 price level. As the crypto’s price trends above the 12-day EMA and the 26-day EMA, the ETH price is likely to rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 13, 2019

On the upside, if the crypto’s price is sustained above the EMAs, the bulls will retest or break the $200 resistance level.

On the downside, if the bears break below the EMAs, the crypto’s price may fall to a low at $176 price level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bullish trend. In recent times, the crypto’s price had been in a bullish trend. The crypto’s price would rise to reach the recent high and then retrace to resume its bullish trend. On May 7, the crypto’s price reached a high of $188.54 but retraced to a low at $171.81. On May 9, the bulls resumed another bullish trend to reach the $200 price level but were resisted.

The price has retraced to the support of the 12-day EMA. On the upside, if the crypto’s price is sustained above the EMAs, the bulls will retest or break the $200 resistance level. On the downside, if the bears break below the EMAs, the crypto’s price may fall to a low at $176 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH was in a bullish trend zone. The bulls were facing resistance at the $200 price level. The bulls tested the $200 resistance level twice and were resisted. The price fell and broke the EMAs to the bearish trend zone. The price fell to a low at $185.18 and commenced a range bound movement.

The 12-day EMA and the 26-day EMA are horizontally flat indicating a sideways trend. The crypto’s price is trading at $187.89 as at the time of writing. Meanwhile, the MACD line and the signal line is neither below nor above the zero line which indicates a neutral signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: May 11, 2019

On the upside, if the bulls break the $190 resistance level, the price is likely to revisit the previous high of $240 price level.

On the other hand, if the bulls fail to break the resistance level, the ETH price will continue its range bound movement below the resistance level.

ETH/USD Long-term Trend: Ranging

Resistance Levels: $180, $200, $220

Support Levels: $160, $140, $130

The ETH/USD pair is in the bullish trend zone. The crypto’s price reached a high of $181 price level but the price was repelled at the $190 resistance zone. The price fell to the support of the 26-day EMA for a bullish trend resumption. The bulls initiated another move but were resisted at the $176 price level.

This resulted in the price falling below the 12-day EMA and the 26-day EMA to a low at $150 price level. The bulls defended the $150 support level as it initiated another bullish movement. On May 7, the bulls were resisted again at the $191 price level and the price fell to the support of the 12-day EMA. This has been the scenario since April 8. On the upside, if the bulls break the $190 resistance levl, the price is likely to revisit the previous high of $240 price level.

On the other hand, if the bulls fail to break the resistance level, the ETH price will continue its range bound movement below the resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 10, 2019

On the upside, if the bulls break the 12-day EMA and the 26-day EMA, the crypto’s price will retest or break the $188 resistance level.

On the downside, if the bulls fail to break the EMAs, the crypto’s price may fall to a low at $170 price level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, May 9, the price of Ethereum was in a bearish trend. On May 8, it was assumed that if the $176 support level failed to hold the bears might break the support to reach the low at $168 price level. Yesterday, the price fell to a low at $171 and commenced a bullish movement. The price has broken the bearish trend line indicating that the bearish trend had reversed.

On the upside, if the bulls break the 12-day EMA and the 26-day EMA, the crypto’s price will retest or break the $188 resistance level. On the downside, if the bulls fail to break the EMAs, the crypto’s price may fall to a low at $170 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. On May 7, the bulls were resisted at the $192 price level and the price fell to a low at $174. The crypto’s price rose and the bulls broke the 12-day EMA and the 26-day EMA but were resisted at the $180 price level.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 9, 2019

On the upside, if the $176 price level holds, the bulls will break the 12-day EMA and the 26-day EMA to retest or break the $188 resistance level.

On the downside, if the $176 support level failed to hold the bears may break the support level to reach the low at $168 price level.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, May 8, the price of Ethereum was in a range bound movement after being resisted at the $188 resistance level. As the crypto’s price is ranging above the $176 price level the bearish trend is temporarily terminated. The trend line has been broken and another candlestick closing on the opposite of the trend line;thus ending the bearish trend. On the upside, if the $176 price level holds, the bulls will break the 12-day EMA and the 26-day EMA to retest or break the $188 resistance level.

On the downside, if the $176 support level failed to hold the bears may break the support to reach the low at $168 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. Yesterday, the price fell to a low at $174.25 and commenced a range bound movement below the 12-day EMA and the 26-day EMA. The bulls succeeded in breaking the EMAs but were resisted at the $180 resistance level. If the bearish trend continues the price will fall back to the bearish trend zone.

On the other hand, if the support at the EMAs holds, the bulls will resume its bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 8, 2019

On the upside, if a bullish candlestick breaks the trend line and another one closes on the opposite of it; the bearish trend will be terminated. The crypto’s price will rise to retest the $190 resistance level.

On the downside, the bearish trend is ongoing if the trend line is unbroken. That means the price may fall to the previous low at $168.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, May 7, the price of Ethereum was in a bearish trend. On May 7, the crypto’s price reached a high of $191.83 but the bulls were resisted at the $190 price level. The crypto’s price fell to the previous resistance level now a support level of $176. A trend line has been drawn to determine the continuity of the bearish trend.

On the downside, the bearish trend is ongoing if the trend line is unbroken. That means the price may fall to the previous low at $168. On the upside, if a bullish candlestick breaks the trend line and another one closes on the opposite of it; the bearish trend will be terminated.

The crypto’s price will rise to retest the $190 resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. On May 7, the crypto’s price reached a high of $190 price level and the bulls were resisted. The crypto’s price fell to the support of the 12-day EMA and commenced a range bound movement.

The crypto’s price was resisted again at the $187.50 and $182 resistance levels as the price fell to a low at $174.25. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 7, 2019

Today’s Ethereum (ETH) News

If anything, Ethereum as a platform is trusted by the developer community. It has the advantage as a pioneer in smart contracting with guiding figure heads like Joseph Lubin and Vitalik Buterin for example.

Read: Ethereum Proof of Stake (PoS)’s Phase Zero Code Can Be Ready Before July 2019

Aside from that, they have a clearly defined road map and has the word from the US SEC whose officials have in numerous occasions confirmed that the platform is indeed compliant with blockchain principles, is fully decentralized and above all, no one person has control over the native currency’s value. Ether (ETH) is what powers the network and as a programmable money, analysts reckon that external developments outside the project’s developments as upgrades to Serenity and Ethereum 2.0 would immensely contribute in the next wave of higher highs.

While Joseph Lubin is confident that the network would be a global settlement layer once the four-phase development journey is over leading to a 1000X surge in prices, news that the US Futures and options market regulator in the CFTC would be comfortable with an Ether (ETH) based derivatives as long as they comply with all their requirements five months after an RFI should be a boost for the currency.

Also Read: Trusted CFTC Source Says Ethereum Futures Could Get The Green Light By US Regulators Soon

Although the source preferred to remain anonymous, any approval would mean institutional involvement and like Bitcoin, the asset’s liquidity would be deep as these HNWI can invest in a transparent and regulated manner.

ETH/USD Price Analysis

At the time of press, Ethereum (ETH) is up 14.6 and 10.8 percent from last week’s and yesterday’s close. Because of that Ethereum (ETH) bulls are back, confirming buyers of early April. Besides, yesterday’s upswing does invalidate the bear breakout of Q4 2018 and as such, both set of traders should search for loading opportunities in smaller time frames. It is easy to see why.

First of all, note that Ethereum (ETH) is reacting at the 78.6 percent Fibonacci retracement level of Apr-2-8 high low. Marking resistance for lower lows is a high-volume, wide-ranging bull bar printing a double bar bull reversal pattern which confirms the correction of Apr-25 undervaluation.

With these developments, the path of least resistance is clear and while risk-off, aggressive traders can buy on dips, risk-averse traders ought to be in the sideline until after prices rally past Apr-2019 highs of around $190. Once there is a sharp break above this mark, traders should watch participation levels. Technically, that should exceed those of Apr-3 of 508k and in a trend continuation phase of a typical breakout, the path towards $250 would be on.

Author: Dalmas N

Ethereum (ETH) Daily Price Forecast: May 6, 2019

On the upside, if the $168 price level holds, the bulls will retest the $176 resistance level.

On the other hand , if the $168 price level is broken the crypto’s price will fall to a low at $164.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bullish trend zone. The crypto’s price rose to a high of $176 price level. The bulls broke the $170 and $172 price levels but failed to break the $176 resistance level. The crypto’s price fell as the bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The price fell to a low at $168.99 and commenced a range bound movement below the EMAs.

On the upside, if the $168 price level holds, the bulls will retest the $176 resistance level. On the other hand , if the $168 price level is broken the crypto’s price will fall to a low at $164. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bearish trend zone. Last week the crypto’s price fell at the $178 and $172 resistance levels. On May 4, the crypto’s price fell to a low at $169.04. The following day the price further depreciated to a low at $167.33.

The crypto’s price is below the EMAs and price may likely fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: May 4, 2019

On the upside, the crypto's price retested the $190 resistance level and it is retracing.

On the downside, if the bulls failed to break the $190 resistance level, the crypto's price will fall to the support of the EMAs for a bullish trend resumption.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $350, $370, $390

Support Levels: $160, $140, $130

The ETH/USD pair is in the bullish trend zone. Yesterday, it was assumed that if the bulls break above the EMAs, the crypto's price will rise to break the $176 resistance level. The crypto's price has broken the $176 resistance level. Today, the bulls are approaching the $190 price level. On the upside, the crypto's price retested the $190 resistance level and it is retracing.

On the downside, if the bulls failed to break the $190 resistance level, the crypto's price will fall to the support of the EMAs for a bullish trend resumption. Presently, the price of Ethereum is trading at the $172.93 as at the time of writing. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 3, 2019

As long as the crypto’s price is above the EMAs, the bulls will rise to retest or break the $172 resistance level.

On the downside, if the bears break below the EMAs, the crypto’s price will fall to a low at $158.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, May 2, the price of Ethereum was in a bullish trend zone. The crypto’s price is above the 12-day EMA and the 26-day EMA but the bulls are yet to break the $172 resistance levels. After the first resistance, the crypto’s price fell to the support of the 12-day EMA. The ETH price was resisted again at the $170 price level in the second attempt to break the $172 price levels.

As long as the crypto’s price is above the EMAs, the bulls will rise to retest or break the $172 resistance level. On the downside, if the bears break below the EMAs, the crypto’s price will fall to a low at $158. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH was in a bullish trend zone. On May 2, the bulls broke the 12-day EMA and the 26-day EMA to reach the bullish trend zone. Today, the bulls tested the $171 price level and were resisted . The ETH price fell to a low at $170 and commenced a range bound movement.

The crypto’s price is above the EMAs which indicate that price is likely to rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 2, 2019

The bulls defended the $166 price level as it broke above the 12-day EMA and the 26-day EMA to reach the bullish trend zone.

On the upside, if the price is sustained above the EMAs, the bulls will retest the $172 and $176 resistance levels.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, May 1, the price of Ethereum was in a bearish trend. On April 30, the crypto’s price failed to reach the $176 resistance level as the bulls were resisted at the $172 price level. The price fell to the support of the 26-day EMA or at the low of $166.33 price level. The bulls defended the $166 price level as it broke above the 12-day EMA and the 26-day EMA to reach the bullish trend zone.

Today, the price of Ethereum is above the EMAs as it resumed another bullish trend. On the upside, if the price is sustained above the EMAs, the bulls will retest the $172 and $176 resistance levels. On the downside, if the bears break below the EMAs, the crypto’s price will fall to a low at $158. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of ETH was in a bearish trend zone. The crypto’s price was in a downward trend as the bears broke the 12-day EMA and the 26-day EMA. Initially, the crypto’s price fell to the support of EMAs as the bulls resumed its bullish trend. The bulls were overpowered at the $169 resistance level.

The price fell to the $166 price level to resume another bullish movement. Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: May 1, 2019

If the price retraced and was held at the support of the 12-day EMA and the 26-day EMA, then the crypto’s price will resume its bullish trend to retest the $172 and $176 price levels.

On the other hand, if price retraced and broke below the EMAs, the crypto’s price will fall to a low at $160 or $56 price level.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 30, the price of Ethereum was in a bullish trend. Yesterday, the crypto’s price was in a bullish trend to retest the $176 price level but the bulls were resisted. The bulls were resisted at the $172 price level and the price commenced a retracement. If the price retraced and was held at the support of the 12-day EMA and the 26-day EMA, then the crypto’s price will resume its bullish trend to retest the $172 and $176 price levels.

On the other hand, if price retraced and broke below the EMAs, the crypto’s price will fall to a low at $160 and $156 price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of ETH was in a bullish trend zone. The 12-day EMA and the 26-day EMA are trending northward. The crypto’s price is trending on the 12-day EMA and the 26-day EMA. The bulls tested the $172 resistance level and were resisted. The price retraced to the support of the 12-day EMA.

If the 12-day EMA holds, the crypto’s price will resume its bullish trend and retest the $172 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 29, 2019

On the upside, if the price is sustained above the EMAs, the crypto’s price will rise to retest the $176 resistance level.

On the downside, if the bears break below the EMAs, the crypto’s price will fall to the $155 price level.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bearish trend. The crypto’s price had been on a downward trend since April 23, after the bulls were resisted at the $176 price level. On April 25, the crypto’s price fell to its low at $154.55. The support level was holding as the crypto’s price rose and broke above the 12-day EMA and the 26-day EMA to reach the bullish trend zone.

The bulls were resisted in the bullish trend zone as the price fell to the support of the EMAs. On the upside, if the price is sustained above the EMAs, the crypto’s price will rise to retest the $176 resistance level. On the downside, if the bears break below the EMAs, the crypto’s price will fall to the $155 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of ETH was in a bullish trend zone. The bulls were facing resistance at the $166 price level. On April 27, the bulls tested the $166 price level and the price fell to the support of the 12-EMA. On April 28, the bulls tested the $166 price level and the price fell below the EMAs. The bulls pulled back price above the EMAs.

The crypto’s price is rising to retest the $166 resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: April 27, 2019

On the upside, if the bulls break the EMAs, the crypto’s price will retest the $176 resistance level.

However, if the bulls fail to break the EMAs, the crypto’s price is likely to fall to the support of the $140 price level.

ETH/USD Long-term Trend: Bearish

Resistance Levels: $350, $370, $390

Support Levels: $160, $140, $130

The price of Ethereum had been in the bullish trend zone in the month of April. On April 1, the ETH price has an opening balance of $143.78 and a closing balance of $160.95 as at April 26. This implies that the crypto's price has appreciated by 11.8% of its capitalization in the month of April. On April 18, the bulls reached a high of $175 but were resisted at the $176 resistance level. The crypto’s price is retracing to the support of the 26-day EMA for a bullish trend resumption. On the upside, if the bulls break the EMAs, the crypto’s price will retest the $176 resistance level.

However, if the bulls fail to break the EMAs, the crypto’s price is likely to fall to the support of the $140 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 26, 2019

On the upside, if the $154 price level holds, the crypto’s price will resume its bullish trend to retest the $176 resistance level.

On the other hand, if the bearish trend continues, the crypto’s price will fall either to the lows of $140 or $160.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 25, the price of Ethereum was in a bearish trend. The crypto’s price had been on a downward trend since April 23, after the bulls were resisted at the $176 price level. The crypto’s price fell to the $164 price level and commenced a range bound movement above it. Yesterday, the bulls were resisted at the $164 as the price fell again to a low at $154.55. This was a previous low of April 15.

On the upside, if the $154 price level holds, the crypto’s price will resume its bullish trend to retest the $176 resistance level. On the other hand, if the bearish trend continues, the crypto’s price will fall either to the lows at $140 or $160. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The crypto’s price was in a range bound movement above the $165 price level. Yesterday, the bears broke the 12-day EMA and the 26-day EMA and price fell to the bearish trend zone. The price fell to a low at $155.11 and commenced a bullish trend.

If the bulls break the EMAs, the crypto’s price will retest the $165 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 25, 2019

On the upside, if price breaks above the EMAs and the trend line, the crypto's price will resume its bullish trend to retest the $178 resistance level.

On the other hand, if the price resumes a downtrend, the crypto's price will fall to a low at $160.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 24, the price of Ethereum was in a bearish trend. Yesterday, a trend line was drawn to determine the duration of the bearish trend. Today, a candlestick has broken the trend line and another one closing on the opposite of it. This indicates that the bearish pressure has been exhausted and the price is in a sideways trend.

On the upside, if price breaks above the EMAs and the trend line, the crypto's price will resume its bullish trend to retest the $178 resistance level. On the other hand, if the price resumes a downtrend, the crypto's price will fall to a low at $160. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The 12-day EMA and the 26-day EMA are trending southward indicating a downward trend. Yesterday, the crypto’s price fell to a low at $163 and resumed a bullish trend. The bulls were restricted at the 26-day EMA as the price fell into the bearish trend zone.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 24, 2019

On the upside, if price breaks above the EMAs and the trend line, the crypto's price will resume its bullish trend to retest the $178 resistance level.

On the other hand, if the trend line is unbroken, the crypto's price will fall to a low at $160 or $168.

ETH /USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 23, the price of Ethereum was in a bearish trend. Yesterday, the bulls tested the $178 resistance level and were resisted. The crypto’s price fell and broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The price fell to a low at $170.43. The crypto’s price is below the EMAs which indicate that price is likely to fall.

Meanwhile, a bearish trend line has been drawn to determine the duration of the bearish trend. The conditions are that a bearish trend is ongoing if the trend line is unbroken. However, if a bullish candlestick breaks the trend line and another one closes on the opposite of it, the bearish trend is said to be terminated.

On the upside, if price breaks above the EMAs and the trend line, the crypto's price will resume its bullish trend to retest the $178 resistance level. On the other hand, if the trend line is unbroken, the crypto's price will fall to a low at $160 or $168. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The crypto’s price fell to a low at $168 and commenced a bullish trend. If the bulls break the EMAS, the crypto’s price will be in the bullish trend zone.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 22, 2019

On the upside, if the bulls break above the EMAs, the crypto's price will resume its bullish trend to retest the $176 resistance level.

On the other hand, if the bearish trend contiues, the crypto's price will fall to the $160 support level.

ETH /USD Medium-term Trend: Ranging

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bullish trend. The bulls tested the $176 resistance level and were resisted. The crypto’s price fell to the 12-day EMA and trended above it. The bulls made another attempt at the $176 resistance level and were resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The price fell to a low at $169.09 and commenced a range bound movement.

On the upside, if the bulls break above the EMAs, the crypto's price will resume its bullish trend to retest the $176 resistance level. On the other hand, if the bearish trend contiues, the crypto's price will fall to the $160 support level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bearish trend zone. On April 18, the crypto’s price fell and trended above the $174 before breaking below the EMAs. The crypto’s price fell to a low at $168.95 and commenced a bullish movement.

The ETH price is trading at $171.30 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: April 20, 2019

The $160 support level was holding as the crypto’s price commenced its bullish trend.

On the upside, if the bulls break the $176 resistance level, the crypto’s price will retest the $184 resistance level.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $350, $370, $390

Support Levels: $160, $140, $130

The ETHUSD pair had been in the bullish trend zone since the beginning of April. On April 8, the bulls reached a high of $181.45 but were resisted at the $184 price level. The ETH price made a downward correction as the price fell to the support of a $160 support level. The $160 support level was holding as the crypto’s price commenced its bullish trend.

On April 18, the bulls reached a high of $175 but the bulls were resisted at the $176 resistance level. The crypto’s price is retracing to the support of the 2-day EMA for bullish trend resumption. On the upside, if the bulls break the $176 resistance level, the crypto’s price will retest the $184 resistance level.

However, if the bulls fail to break the resistance level, the crypto’s price is likely to fall to the support of the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 19, 2019

Yesterday, the crypto’s price has traded and reached a high of $176 price level was resisted.

On the upside, if the price is sustained above the EMA, the crypto's price will reach the previous high of $185 price level.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 18, the price of Ethereum was in a bullish trend. Since on April 10, the bulls reached a high of $182.29 for the price of Ethereum. On April 15, the crypto’s price depreciated to the low at $158.80 and the bulls were making frantic efforts to reach the previous high. Yesterday, the crypto’s price has traded and reached a high of $176 but was resisted.

The price has fallen to the support of the 12-day EMA. On the upside, if the price is sustained above the EMA, the crypto's price will reach the previous high of $185 . On the other hand, if the bears break below the EMAs, the crypto's price will resume a downward trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in the bullish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The bears broke the 12-day EMA and the 26-day EMA as the price fell to its low at $171.07 to resume another bullish trend. The crypto’s price is below the EMAs which indicate that price is likely to fall.

However, if the bulls break above the EMAs, the crypto’s price is likely to resume its bullish trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 18, 2019

Yesterday, the bulls broke the $170 price level but it is trading at $172.56 as at the time of writing.

On the upside, if the price is sustained above the EMA, the crypto's price will reach the previous high of $185 price level.

ETH /USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 17, the price of Ethereum was in a bullish trend. The ETH price was trading below the $170 price level and was unable to break it. Yesterday, the bulls broke the $170 price level but it was trading at $172.56 as at the time of writing. The crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

On the upside, if the price is sustained above the EMA, the crypto's price will reach the previous high of $185 price level. On the other hand, if the bears break below the EMAs, the crypto's price will resume a downward trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. On April 16, the bulls tested the $168 resistance level and were resisted. The crypto's price commenced a range bound movement below the $168 resistance level.

Today, the bulls broke the range bound movement and reached a high of $174. The crypto's price is retracing after testing the $174 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 17, 2019

The ETH price is trading at $167.48 which is likely to face resistance at the $170 price level.

On the other hand, if the crypto’s price is resisted, the price will fall to the previous low at $156.0 price level.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 16, the price of Ethereum was in a bullish trend. Yesterday, the crypto’s price was in a bullish trend after the crypto’s price has fallen to a low at $158.88. The ETH price is trading at $167.48 which is likely to face resistance at the $170 price level.

On the upside, if the price is sustained above the EMAs, the crypto’s price will rise to retest the $184 resistance level. On the other hand, if the crypto’s price is resisted, the price will fall to the previous low at $156.0 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. Yesterday, the bulls broke above the EMAs to reach the bullish trend zone. The price is above the EMAs which indicate that the crypto’s price is likely to rise.

If the bullish trend commences it may face resistance at the $170 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 15, 2019

The bulls reached a high of $169.08 and commened a range bound movement above the EMAs.

The crypto’s price is expected to rise because the price is above EMAs to retest the $184 resistance level.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bearish trend. The bulls failed to break the $184 resistance level and were resisted. The crypto’s price fell and broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The crypto’s price fell to a low at $164.24 and commenced a range bound movement.

On April 14, the bulls broke above the EMAs to resume its bullish trend. The bulls reached a high of $169.08 and commenced a range bound movement above the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. Last week the crypto’s price was ranging above and below the 12-day EMA and the 26-day EMA. On April 14, the bulls broke the EMAs to resume its bullish trend. The ETH price is now trading at $169.19 as at the time of writing.

The crypto’s price is expected to rise because the price is above EMAs to retest the $184 resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: April 13, 2019

On the downside, if the bearish trend is continuing, the crypto’s price will fall to the previous low of $145.

On the upside, if the 26-day EMA is holding the bulls will resume its bullish trend to retest the $184 resistance level.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $350, $370, $390

Support Levels: $150, $130, $110

The price of Ethereum was in the bullish trend zone. On April 8, the bulls reached a high of $187.98 and were resisted. The ETH price made a downward correction as the price fell and broke the 12-day EMA. The downward correction is ongoing. The crypto’s price is falling and approaching the 26-day EMA. On the downside, if the bearish trend is continuing, the crypto’s price will fall to the previous low of $145. On the upside, if the 26-day EMA is holding the bulls will resume its bullish trend to retest the $184 resistance level.

The ETH price is currently trading at $164.51 as at the time of writing. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 12, 2019

On the downside, if the price continues its fall, the crypto’s price will find support at the $156 price level.

On the upside, if the bulls break above the EMAs the crypto’s price will resume its bullish trend.

ETH/USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 11, the price of Ethereum was in a bearish trend. Yesterday, the bears broke the 12-day EMA and the 26-day EMA after the bulls were resisted at the $184 price level. The crypto’s price fell to the low at $164.24 and commenced a range bound movement. The crypto’s price is below the EMAs which indicate that price is likely to fall.

On the downside, if the price continues its fall, the crypto’s price will find support at the $156 price level. On the upside, if the bulls break above the EMAs the crypto’s price will resume its bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The crypto’s price fell to the low at $164 and commenced a range bound movement. Today, the bulls are attempting to break above the EMAs. If the bulls break the EMAs, the crypto’s price will resume its bullish trend.

The ETH price is trading at $164.38 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 11, 2019

On the downside, if the bearish pressure is continuing, the price may find support at the $165 price level.

On the upside, if the $170 price holds, the crypto’s price will rise to break above the EMAs.

ETH/USD Medium-term Trend: Bearish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 10, the price of Ethereum was in a bearish trend. Since on April 8, the price of Ethereum had been facing resistance at the $185 price level. Each time the bulls were resisted, the price would fall to the support of 12-day EMA. Yesterday, the bulls tested the $185 resistance and the bears broke below the EMAs to reach the bearish trend zone. The crypto’s price is below the EMAs which indicate price is likely to fall.

On the downside, if the bearish pressure is continuing, the price may find support at the $165 price level. On the upside, if the $170 price holds, the crypto’s price will rise to break above the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is below the EMAs which indicate that price is in a bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. Yesterday, the bears broke the 12-day EMA and the 26-day EMA as the price fell to the bearish trend zone. The crypto’s price is likely to continue its fall since the price is below the EMAs.

The ETH price is trading at $170.42 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 10, 2019

On the upside, if the crypto’s price is sustained above the EMAs, the bulls will break the $184 resistance level and reach the previous high of $200.

On the downside, if the price breaks below the EMAs, the crypto’s price will fall.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 9, the price of Ethereum was in a bullish trend. On April 8, the bulls reached a high of $182.21 but could not progress further. The crypto’s price is facing resistance at the $184 price level. Each time the bulls test the $184 resistance level, the crypto’s price will fall to the support of the 12-day EMA to resume another bullish trend. Today, the bulls are making another attempt at the resistance level.

On the upside, if the crypto’s price is sustained above the EMAs, the bulls will break the $184 resistance level and reach the previous high of $200. On the downside, if the price breaks below the EMAs, the crypto’s price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. On April 8 the bears broke below the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The crypto’s price is trading horizontally at the $178 price level.

Today, the bulls broke above the EMAs to resume the bullish trend. If the bulls overcome the $184 resistance level, the ETH price will reach a high of $200 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 9, 2019

Latest Ethereum (ETH) News

No doubt, Ethereum is a pioneer cryptocurrency project that did not only improve Bitcoin code base but extended its functionality. Now, transactions of every registry can be secured in a Turing complete network and tokenized thanks to smart contracting.

Read: During Podcast, TRON CEO and Founder Suggests “Official” Collaboration With Ethereum

And because of what Ethereum presents, it was expected that competition will heat up. It did and now we have the likes of Tron, Waves and even EOS which are faster, scalable and secure. Tron in particular is dominating headlines for all the good reasons. Justin Sun, the founder is a super marketer always fronting Tron’s solutions and in each and every conference pulling statistics comparing the performance of PoW based Ethereum to Tron’s which as we said is faster and scalable.

Even so, and despite their feuding, investors seem to be gravitating towards and nodding to the value proposition presented by Ethereum and in a survey, investors are in unison and would buy—hodl Ethereum (ETH) in the long term. Note that Ethereum is the second most capitalized platform in the world and although it is certified secured by a completely decentralized network of miners endorsed by the US SEC, the platform struggles with scalability.

Also Read: Ethereum’s Community Issues Need Fixing Before Ether Blockchain Upgrades

It is this that Vitalik is working overtime and after proposing ZK-Snarks, he is of the opinion that Rollups will address this problem without compromising data availability common in other layer-2 solutions.

ETH/USD Price Analysis

Price wise and Ethereum (ETH) is firm, adding 23.6 percent at the time of press but down 4.2 percent in the last day. Even so, we are bullish and in a bullish breakout pattern, ETH buyers are in control after months of ranging and eventual breaking and closing above $170.

In line with our last ETH/USD trade plan, any strong, high-volume close above $170 is bullish and nullifies Q4 2018 draw-down when ETH prices slide below $200 and $170 thanks to free-falling BTC prices and imbroglios around BCH hard fork.

All the same, now that ETH is reversing from Dec pits and invalidating the bear breakout pattern of Nov 2018, every low should technically be a buying opportunity in smaller time frames. In that case, risk-off and conservative traders should search for favorable entries in the 4HR chart and thereafter aim at $250.

Although ETH might correct after last week’s super run, we should note that underlying bull momentum is strong since bull bars are banding along the upper BB and the band is at the same time diverging away from the middle BB hinting at strong hands if not a strong run to $250 and $300.

Author: Dalmas N

Ethereum (ETH) Daily Price Forecast: April 8, 2019

Today, the ETH price is trading at $181.86 as at the time of writing.

On the upside, if the bulls sustained a price above the EMAs, the ETH price will reach a high of $200 price level.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Last week the price of Ethereum was in a bullish trend. On April 2, the ETH price had a price rally which made the crypto’s price reached the high of $177.57 after its range bound movement at the $145 price level. However, the bulls resisted twice after testing the $175 price level. The price fell to the support of the 26-day EMA to resume another bullish trend. The crypto’s price was trading below the $175 price level until the level was broken on April 7.

Today, the ETH price is trading at $181.86 as at the time of writing. On the upside, if the bulls sustained a price above the EMAs, the ETH price will reach a high of $200 price level. On the downside, if the price breaks below the EMAs, the crypto’s price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. Last week, April 3, the price fell below the 12-day EMA and the 26-day EMA after the resistance at the $175 price level. Today, the bulls have broken the $175 price level and it is approaching the $184 price level. The crypto’s price is facing another resistance at the $184 price level.

If it overcomes the $184 price level, the ETH price will reache the $200 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: April 6, 2019

The crypto’s price reached a high of $165.50 and commenced a range bound movement.

On the upside, the price is expected at the $200 price level. However, the ETH price is likely to face resistance at the $170 and $180 price levels.

ETH/USD Long-term Trend: Bullish

Resistance Levels: $350, $370, $390

Support Levels: $150, $130, $110

The price of Ethereum is in the bullish trend zone. The ETH price had been ranging between the levels of $130 and $145 in the month of March. The bulls failed to break the $145 price level as the crypto continues to range since February 24. On April 2, the ETH price had a price breakout and the crypto’s price rally above the previous high. The crypto’s price reached a high of $165.50 and commenced a range bound movement. The ETH price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

On the upside, the price is expected at the $200 price level. However, the ETH price is likely to face resistance at the $170 and $180 price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 5, 2019

The ETH price is currently trading at $164.66 as at the time of writing.

On the upside, if the bulls break above the EMAs, the crypto’s price will revisit the $175 resistance level.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 4, the price of Ethereum was in a bearish trend. Yesterday, the bears broke the 12-day EMA and the 26-day EMA to reach the low at $156.30 price level. This was the effect of the resistance at the $175 price level. The price of Ethereum is now above the EMAs which indicate that price is likely to rise.

Today, the bulls have broken the 26-day EMA and the 12-day EMA to reach the bullish trend zone. The ETH price is currently trading at $164.66 as at the time of writing. On the downside, if the price continues its fall, it will revisit the previous low at $145. On the upside, if the bulls break above the EMAs, the crypto’s price will revisit the $175 resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend zone. On April 3, the bears broke the 12-day EMA and the 26-day EMA and fell to the bearish trend zone. The crypto’s price has been trading below the EMAs as the bulls break above the EMAs.

On the upside, if the bulls break above the EMAs, the bulls will resume its bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 4, 2019

On the upside, if the support of the 12-day EMA holds, the crypto’s price is likely to rise to retest the $175 price level.

On the downside, if the bears break below the EMAs, the crypto’s price will continue its downward fall.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 3, the price of Ethereum was in a bullish trend. Yesterday, the bulls reached a high of $173.76 but were resisted. The price retraced and resumed another bullish trend. The bulls tested the $175 price level and were resisted again. The crypto’s price fell to the support of the 26-day EMA.

On the upside, if the support of the 12-day EMA holds, the crypto’s price is likely to rise to retest the $175 price level. On the downside, if the bears break below the EMAs, the crypto’s price will continue its downward fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bearish trend zone. The crypto’s price reached a high of $176.36 but the bulls were resisted and the price fell to the support of the 12-day EMA. The bulls resumed another bullish trend at the support of the 12-day EMA and tested the $180 price level.

The price fell to the low at $161 and commenced a range bound movement. Today, the ETH price is trading at $164.21 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 3, 2019

Today, the ETH price has reached a high of $169.21 as at the time of writing.

On the downside, if price retraces to the support of the 12-day EMA, the bulls will resume the bullish trend.

On the other hand, if price breaks below the EMAs, then the crypto will resume a downward trend.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $150, $140, $130

Yesterday, April 2, the price of Ethereum was in a bullish trend. Yesterday, the bulls broke the $143 resistance level while in a price breakout. The price of Ethereum had been trading below the $145 price level since February 24. It was assumed the previous day that a price breakout would make the ETH price reached the previous high of $165. Today, the ETH price has reached a high of $169.21 as at the time of writing.

The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise. On the downside, if price retraces to the support of the 12-day EMA, the bulls will resume the bullish trend. On the other hand, if price breaks below the EMAs, then the crypto will resume a downward trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the crypto's price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward indicating that price is in a bullish trend. A bearish candlestick has retraced to the support of the 12-day EMA indicating that the bulls are resuming the bullish trend.

On the upside, if the price is sustained above the EMAs, the crypto’s is likely to rise.

Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: April 1, 2019

Today's Ethereum (ETH) News

Lane Rettig, the Ethereum developer and a member of a “small group” who calls the shot on matters Ethereum protocol is admitting failure. This is so because according to his analysis, Ethereum’s problem is increasingly non-technical and:

“core devs don’t want to make these decisions because they feel unqualified, fear legal liability, are conflict avoidant, and prefer just to write code.”

And there are pretty limited options to drift away from this unexpected dilemma.

Ethereum governance has failed. We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the protocol. — Lane Rettig (@lrettig) March 30, 2019

Read: Ethereum Pending Transactions Decline as ETH Blockchain Network’s Congestion Slowly Fades

One is to throw the towel and give up on governance and “be like Bitcoin” and the feasible option is to adopt a plutocratic governance system where coin holders can participate in decision making. The latter approach may be the steps necessary for “unsticking” Ethereum now that the system is completely decentralized and even has support from SEC representatives satisfied by the network’s distribution levels.

Also Read: Ethereum Developer Expresses Reasons For Supporting ProgPow Implementation On ETH Network

Furthermore, he gets controversial by proposing centralized governance that is transparent and accountable. Although many will not agree to this system now that Ethereum embodies blockchain which is transparency and redistribution of power, there are worries that the shift from PoW to a proof-of-stake would lead to power concentration because most ETH in circulation is held by whales controlling up-to 80 percent of all coins in circulation in an analysis done by Weiss Ratings.

A new report shows just 7,500 wallets hold 80% of the total #ETH. This could be a problem once ETH transitions into proof-of-stake, however, it’s still far more decentralized than any other #PoS ledger we know of. Ie. in BNB, top 5 accounts hold 2/3rds of supply. #Binance — Weiss Ratings (@WeissRatings) March 8, 2019

ETH/USD Price Analysis

The positive correlation between Bitcoin and Ethereum is visible from the chart. After adding 3.4 percent in the last week, Ethereum (ETH) prices are also in an up-trend adding 4.7 percent in the same time frame. It is not trading at $141 at the time of press and could add more should there be a build-up of momentum driving prices above $150 in a minor breakout trade.

As mentioned in our last ETH/USD trade plan, any gain above Mar 29 highs increase odds of a close above $170 which is Q4 2018 breakout level and previous support now resistance. It is our first target and it is after our trade condition is true with prices trading above $150 that risk aggressive traders can load up on the pullback and aim for $170.

At the moment, we suggest taking a wait-and-see approach expecting transaction volumes to build up, aid in the pump above $150 and preferably exceed 302k of Mar 5 on the lower side and 880k of Feb 24 on the upper side. If that prints out, there will be little liquidation ceilings preventing prices from rallying to $250 or even $300.

Author: Dalmas N

Ethereum (ETH) Daily Price Forecast: April 1, 2019

On the upside, a price breakout will enable the bulls to break the $143 resistance level and reach the previous high of $165.

On the downside, if price breaks below the EMAs, the crypto's price will fall.

ETH/USD Medium-term Trend: Bullish

Resistance Levels: $240, $250, $260

Support Levels: $140, $130, $120

Last week the price of Ethereum was in a bullish trend. On March 29, the bulls tested the $146 price level and were resisted. The crypto's price fell to the support of the 12-day EMA to commence another bullish trend. In retrospect, the bulls have not been able to break the $143 resistance level since February 24. Today, the crypto's price is in a bullish trend.

On the upside, a price breakout will enable the bulls to break the $143 resistance level and reach the previous high of $165. On the downside, if price breaks below the EMAs, the crypto's price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the crypto's price is in a range bound movement. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a range bound movement. On March 30, the bulls tested the $148 price level and were resisted.

The price fell to a low of $143 and commenced a range bound movement. Today, the ETH price is in a bullish trend trading at $145.16 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Long-Term Price Forecast: Mar 30, 2019

On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.

On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146.

ETH/USD Long-term Trend: Ranging

Resistance Levels: $350, $370, $390

Support Levels: $140, $120, $100

The ETH/USD pair had been in a range bound movement in the month of March. The ETH price had been trading below the $140 resistance level. On February 23, the bulls tested the $160 resistance level. And as a result, the bulls were resisted as the price fell to the low at $135.20. On February 25, the bulls pullback price and tested the $140 resistance level and were resisted.

Each time the bulls were resisted at the $140 price level, the crypto’s price will fall below the EMAs. On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146. On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.

Nevertheless, On March 1, the crypto’s opening balance was $138.18 but closed trading at $146.20 as at the time of writing. The ETHUSD pair has appreciated by 6% of its capitalization in the month of March. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Author: Azeez M

Ethereum (ETH) Daily Price Forecast: March 29, 2019

Today's Ethereum (ETH) News

Based on OpenMarketCap data, Ethereum (ETH) has a market cap of $14,614 million and trading at $138 apiece. With this valuation, the coin is down 90 percent from last year’s high. There is worry amongst pundits that the smart contracting platform may be losing its mojo. In a recent interview with Laura Shin, Vitalik admitted that they might be losing their edge but is not worried about being usurped by any other token aside from Tron.

Read: AirBnB Now Accepts Crypto Payments via Bitrefill: Bitcoin, Ethereum, Litecoin, Dash and Dogecoin

Designed for developers with the intention of tokenizing assets, a feat not possible with Bitcoin, the network is public and upgrades are not as smooth. That’s the reason why the second stage of Metropolis, Constantinople, delayed but its successful activation in late Feb has set the ball rolling as developers work on Serenity, proof of stake network whose exact launch day is tentative. Aside from Serenity, talk of Ethereum 2.0 continues to dominate and for good reasons.

Also Read: Ethereum is Slowly Dec