|

Ethereum Price Analysis: ETH/USD bulls are back in control

  • Ethereum price is trading in the green by 1.35% in the session on Friday. 
  • ETH/USD bulls pressing to break through the heavy supply range, $175-190. 
  • The price is running towards four consecutive sessions in the green. 

ETH/USD daily chart

Bulls are now eyeing a big retest of the psychological $200 price mark, a break here would likely restore buyer confidence.  

ETH/USD 60-minute chart

A bullish pennant structure was viewable via the 60-minute chart view. 

Spot rate:                      187.56

Relative change:          +1.35%

High:                             189.96

Low:                              178.55

ETH/USD

Overview
Today last price187.53
Today Daily Change1.82
Today Daily Change %0.98
Today daily open185.71
 
Trends
Daily SMA20166.63
Daily SMA50156.56
Daily SMA100185.34
Daily SMA200172.27
 
Levels
Previous Daily High194.46
Previous Daily Low178.56
Previous Weekly High175.11
Previous Weekly Low148.3
Previous Monthly High252.76
Previous Monthly Low89.65
Daily Fibonacci 38.2%188.39
Daily Fibonacci 61.8%184.63
Daily Pivot Point S1178.02
Daily Pivot Point S2170.34
Daily Pivot Point S3162.12
Daily Pivot Point R1193.93
Daily Pivot Point R2202.15
Daily Pivot Point R3209.83

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

Crypto Market Overview: Bitcoin holds above $77,000 – PENGU and AAVE eye further gains

The broader cryptocurrency market is gaining momentum with Bitcoin above $77,000 holding its 23% gains from last week. Renewed institutional demand, with $1.92 billion in inflows last week, the largest so far in 2026, backs the risk-on sentiment. Pudgy Penguins and Aave have emerged as top performers over the last 24 hours.

Top 3 Price Prediction: BTC, ETH and XRP pause as momentum indicators signal overbought conditions, massive rallies

Bitcoin, Ethereum, and Ripple hover around key levels on Monday, with a bullish bias but appearing stretched after surging over 23%, 31% and 53% in the previous week. Such a massive rally suggests the top three cryptocurrencies could consolidate or pull back in the short term as traders take profits.

I thought newly launched meme coins were my ticket to wealth: Here's what actually happened

I’ve been trading cryptocurrencies for the past seven years, with meme coins becoming one of the most exciting and implacable parts of my experience. I love them because they represent internet culture and community sentiment, and let’s be honest, extreme speculation. Newly launched meme coins were especially tempting: get in early enough, I thought, and a small bet could turn into a huge return.

Bitcoin eyes breakout above $80,000 as macro tailwinds build
Bitcoin’s (BTC) latest rally is primarily driven by improving macroeconomic conditions rather than crypto-specific factors, according to a Thursday report by CoinShares. The firm stated that recent economic data have weakened the case for further US monetary tightening.
Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.