NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Ethereum Price Technical Analysis – ETH/USD Broke Uptrend

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ethereum Price Technical Analysis ETH USD

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • There was a sharp downside move in ETH price below the $188 support against the US Dollar.
  • There were two bullish trend lines with support at $178 on the hourly chart (ETH/USD, data feed via SimpleFX), which were broken.
  • The price traded towards $140 before starting a recovery above $150.

Ethereum price may have made a short-term top against the US Dollar and Bitcoin, as ETH/USD broke a key support area recently at $178.

Ethereum Price Decline

Yesterday, we were looking for a break above the $191.00-191.50 resistance in ETH price against the US Dollar. The price move above $191.00-191.50 and even broke the $200 level. A new high was formed at $203.45 where the price struggled. Later, ETH lost the bullish momentum, and started a downside move below $200. The price fell sharply and even broke the 50% Fib retracement level of the last wave from the $136.74 low to $203.45 high.

The downside move was such that there was a break of two bullish trend lines with support at $178 on the hourly chart of ETH/USD. The price even traded below the 100 hourly simple moving average at $169. It ignited a sharp decline, and the price moved as low as $139.39. Later, a recovery was initiated, and the price moved back above $150.

Ethereum Price Technical Analysis ETH USD

There was also a close above the 38.2% Fib retracement level of the last decline from the $203.45 high to $139.90 low. However, the recovery stalled near the broken trend lines at $178. Moreover, the 61.8% Fib retracement level of the last decline from the $203.45 high to $139.90 low acted as a resistance. The price is now back below the $170 support. It may once again attempt a break above $178, but very likely to face difficulties. It seems like there is a short-term trend change for ETH/USD with chances of another downside push towards $150.

Hourly MACD – The MACD is now back in the bearish zone.

Hourly RSI – The RSI is well below 50 level and struggling.

Major Support Level – $150.00

Major Resistance Level – $178.00

 

Charts courtesy – SimpleFX

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Verso I $5.000 Dopo Un Rally Mensile Del 45%: Acquisti Delle Whale E Chiarezza Normativa Spingono La Crescita

Ethereum (ETH) continua la sua corsa al rialzo, superando i 4.300 dollari e registrando un guadagno impressionante del 45% nell’ultimo...

clararosati 1 hour ago
XRP

XRP ABC Wave Shows How High The Price Will Go If This Structure Holds

The XRP price action is unfolding in line with a textbook Elliott ABC Wave pattern, signaling the potential for its...

Scott Matherson 1 hour ago

狗狗幣的超級進化版Maxi Doge預售突破50萬美元 正逼近75萬美元

Maxi Doge ($MAXI),狗狗幣那肌肉炸裂、咖啡因爆棚的表親,正式突破50萬美元的預售資金大關,正向75萬美元的里程碑全速衝刺。 投資者們對這個迷因幣市場的新晉霸主狗狗瘋狂追捧,他可不是只會...

estherw 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Σχεδόν όλοι οι κάτοχοι Ethereum είναι κερδισμένοι – Το ράλι μπορεί να συνεχιστεί

Ιωάννης Ριζόπουλος 19 minutes ago
XRP

XRP Stumbles, But A Recovery Could Be Around The Corner

Godspower Owie 35 minutes ago
Ethereum Is The New Bitcoin, Expert Predicts: Best Crypto to Buy Now?

Ethereum Is The New Bitcoin, Expert Predicts: Best Crypto to Buy Now?

Aaron Walker 1 hour ago

Premium Sponsors

Press Releases

  • Забележителни алткойни: монети с „висока възвръщаемост“, към които се насочват китовете

    Забележителни алткойни: монети...

    28 minutes ago
  • ドージコイン 今後:ゴールデンクロス接近で300%上昇パターンは再来するのか

    ドージコイン...

    1 hour ago
  • リップル 今後は4ドル突破なるか、新たな話題の暗号資産にも注目集まる

    リップル...

    2 hours ago
  • イーサリアム 今後の行方

    イーサリアム...

    2 hours ago
  • 仮想通貨プレセールが急成長、わずか数日で850万ドル突破の注目プロジェクト

    ...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.