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Weekly forecast Ethereum technical chart
Symbol ETHUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 21, 2021 - 19:07
Currentrange bound
Forecastresumption of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 1753.050, resumption of uptrend is expected.
  • We make sure when the resistance at 2910.700 breaks.
  • If the support at 1753.050 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased.
  • A peak is formed in daily chart at 2636.400 on 06/15/2021, so more losses to support(s) 1925.000 and minimum to Major Support (1753.050) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 33.

Supports and Resistances:

  1. 2176.700
  2. 1137.250
  3. 911.300
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum (ETHUSD) free Sat, 31 Jul 2021
Ethereum (ETHUSD) free Sat, 24 Jul 2021
Ethereum (ETHUSD) Thu, 22 Jul 2021
Ethereum (ETHUSD) Sat, 17 Jul 2021
Ethereum (ETHUSD) Sat, 10 Jul 2021