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

Ethereum technical analysis: ETH/USD vulnerable under $180

  • Ethereum price is trading in the green, up some 1.40% in the second half of the session.
  • ETH/USD bears have forced the price to give up a critical area of demand around the $180 price territory.
  • The price is potentially at risk of its sixth consecutive session in negative territory.
Ethereum technical analysis: ETH/USD vulnerable under $180
Ken ChigboKen ChigboIndependent Analyst

ETH/USD daily chart

  • The price can be seen retesting a breached ascending wedge structure, failure to hold could be punishing.

ETH/USD 60-minute chart

  • Near-term price action is consolidating like many of its peers, subject to a breakout from a bearish flag structure. 

Spot rate:                 197.42

Relative change:      -1.85%

High:                         175.19

Low:                          162.48

ETH/USD

Overview
Today last price168.66
Today Daily Change2.24
Today Daily Change %1.35
Today daily open166.42
 
Trends
Daily SMA20191.64
Daily SMA50193.17
Daily SMA100226.54
Daily SMA200207.63
 
Levels
Previous Daily High202.71
Previous Daily Low155.63
Previous Weekly High224.69
Previous Weekly Low186.44
Previous Monthly High239.56
Previous Monthly Low163.8
Daily Fibonacci 38.2%173.61
Daily Fibonacci 61.8%184.72
Daily Pivot Point S1147.13
Daily Pivot Point S2127.83
Daily Pivot Point S3100.04
Daily Pivot Point R1194.21
Daily Pivot Point R2222
Daily Pivot Point R3241.29

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

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.

Ethereum: Trend Research capitulates, BitMine's Thomas Lee sees a V-shaped recovery

Ethereum: Trend Research capitulates, BitMine's Thomas Lee sees a V-shaped recovery

Ethereum had one of its sharpest historic declines over the past 10 days, shedding 40% of its value and briefly sliding below $2,000. The dip also saw ETH move below its realized price, or the average cost basis of investors — an occurrence that has historically accelerated selling pressure as investors cut losses.

Why Bitcoin and top cryptos are falling: Bitwise

Why Bitcoin and top cryptos are falling: Bitwise

The crypto market crash since October isn't down to a single factor but a combination of several, according to Bitwise CIO Matt Hougan. In a note to investors on Friday, Hougan outlined six key factors that potentially contributed to the crash that pushed down nearly every top crypto by more than 50% from prices seen over four months ago.

XRP recovery gains momentum despite retail market decline

XRP recovery gains momentum despite retail market decline

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.

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: The worst may be behind us

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.