TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Ethereum Price Analysis: ETH/USD $160 daily support in trouble

  • Ethereum price is trading in the red by -2.90% in the session on Thursday. 
  • The last nine-day price range $175 down to a low of $160 is at risk of a breach. 
  • Last week’s rally is at risk of being completely reversed by the bears. 
Ethereum Price Analysis: ETH/USD $160 daily support in trouble
Ken ChigboKen ChigboIndependent Analyst

ETH/USD daily chart

The next major support to the downside should the $160 mark be breached, is seen down at $150. 

ETH/USD 60-minute chart

Bears are back in control as price breaks out of bearish flag structure via the 60-minute. 

Spot rate:                     162.80     

Relative change:          -2.95%

High:                             167.74

Low:                              160.67

ETH/USD

Overview
Today last price161.71
Today Daily Change-5.99
Today Daily Change %-3.57
Today daily open167.7
 
Trends
Daily SMA20152.85
Daily SMA50142.6
Daily SMA100158.1
Daily SMA200182.36
 
Levels
Previous Daily High171.01
Previous Daily Low165.66
Previous Weekly High174.22
Previous Weekly Low141.78
Previous Monthly High153.16
Previous Monthly Low116.41
Daily Fibonacci 38.2%167.7
Daily Fibonacci 61.8%168.96
Daily Pivot Point S1165.24
Daily Pivot Point S2162.77
Daily Pivot Point S3159.88
Daily Pivot Point R1170.59
Daily Pivot Point R2173.48
Daily Pivot Point R3175.94

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

XRP pressured by weak ETF flows and declining retail interest

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Bitcoin, Ethereum and Ripple are trading under increasing selling pressure at the time of writing on Tuesday, as market participants navigate renewed tariff uncertainty. The Crypto King holds above $63,000, down 2% intraday from its $64,656 open.

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin price extends losses on Tuesday, ending a two-week consolidation phase. Risk-on sentiment fades amid growing uncertainty over Trump’s tariffs and rising US-Iran tensions, increasing downside risks toward $60,000.

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui (SUI) declines by 3% at press time on Tuesday, extending the downside breakout of a short-consolidation range confirmed the previous day. Retail sentiment is bearish, as evidenced by increased long liquidations and a sharp drop in the funding rate. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.