|

Ethereum Price Analysis: ETH/USD runs out of steam near the SMA 20 as bears take over

  • ETH/USD consolidates in a triangle formation as it settles above the red Ichimoku cloud.
  • The Elliott Oscillator has had a green session following 11 straight red sessions.

ETH/USD daily chart

ETH/USD daily chart

ETH/USD fell from $203.30 to $196.45 as bulls ran out of steam at the SMA 20 curve. The price is consolidating in a triangle formation and above the red Ichimoku cloud. The Elliott Oscillator has had a green session following 11 straight red sessions. On the upside, the buyers will need to over strong resistance at $202.30 and $213. On the downside, healthy support levels lie at $186.55 and $174.

Key levels

ETH/USD

Overview
Today last price195.65
Today Daily Change-7.66
Today Daily Change %-3.77
Today daily open203.31
 
Trends
Daily SMA20202.8
Daily SMA50175.74
Daily SMA100191.47
Daily SMA200174.88
 
Levels
Previous Daily High206.17
Previous Daily Low195.75
Previous Weekly High219.33
Previous Weekly Low195.17
Previous Monthly High227.37
Previous Monthly Low128.95
Daily Fibonacci 38.2%202.19
Daily Fibonacci 61.8%199.73
Daily Pivot Point S1197.32
Daily Pivot Point S2191.32
Daily Pivot Point S3186.89
Daily Pivot Point R1207.74
Daily Pivot Point R2212.17
Daily Pivot Point R3218.16


 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
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.