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: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • 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: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Ethereum (ETH) Price Prediction: Primed To Surpass $325

Aayush Jindal
Aayush Jindal
5 years 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.

  • ETH price remained well bid above the key $300 support area against the US Dollar.
  • The price is currently moving higher and is placed nicely above the $310 pivot level.
  • There is an ascending channel forming with support near $309 on the hourly chart of ETH/USD (data feed via Kraken).
  • Bitcoin price is also gaining momentum and it could trade further above $11,500.

Ethereum price is slowly gaining traction above $310 versus the US Dollar, whereas consolidating vs bitcoin. ETH price is likely to break the $320 and $325 resistance levels in the near term.

Ethereum Price Analysis

Yesterday, we saw a short term downside correction below $310 in Ethereum price against the US Dollar. The ETH/USD pair remained well bid above the $300 level. There was a lot of buying interest near $298 level and the 100 hourly simple moving average. As a result, the price started a fresh increase and climbed above the $300 and $305 levels. There was a break above the 50% Fib retracement level of the last decline from the $318 high to $296 swing low.

The upward move was positive as the price settled above the $310 level. It is now trading nicely above the 61.8% Fib retracement level of the last decline from the $318 high to $296 swing low. An immediate resistance is near the $313 level. It coincides with the 76.4% Fib retracement level of the last decline from the $318 high to $296 swing low.

Moreover, the main resistance on the upside is near the $316 level. If Ethereum price climbs above the $316 resistance, it is likely to gain bullish momentum. Therefore, the price could even climb above the $320 and $325 levels in the near term.

On the downside, there are many supports near the $305 level. Additionally, there is an ascending channel forming with support near $309 on the hourly chart of ETH/USD. If there is a downside break below $309, the price could test the $305 support. The main support now is near the $300 level and the 100 hourly SMA.

Ethereum Price Analysis ETH Chart

Looking at the chart, Ethereum price is clearly regaining bullish momentum above $310. Having said that, the bulls need to gather pace above the $316 and $320 levels. If they succeed, there are high chances of more gains above the $325 level. The next stop for the bulls in the mentioned case could be near the $340 level or even $345.

ETH Technical Indicators

Hourly MACD – The MACD for ETH/USD is currently gaining pace in the bullish zone.

Hourly RSI – The RSI for ETH/USD is currently well above the 50 level, with a bullish angle.

Major Support Level – $305

Major Resistance Level – $320

Tweet123Share270ShareSend
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

4 legjobb altcoin, amit most érdemes megvenni: Solaxy, BTC Bull, Best Wallet Token és MIND Of Pepe

A Bitcoin bull run közepette a befektetők olyan feltörekvő altcoinokra figyelnek, mint a Solaxy, BTC Bull, Best Wallet és MIND...

News BTC 1 hour ago
Bitcoin

Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling

Raoul Pal, Real Vision founder and prominent trading name, stated on Wednesday that the dominance of Bitcoin may have topped...

Christian Encila 2 hours ago
仮想通貨 プレセール注目:EOSがVaultaスワップで急騰、新興プロジェクトにも追い風

仮想通貨 プレセール注目:EOSがVaultaスワップで急騰、新興プロジェクトにも追い風

EOS($EOS)は、5月7日に発表されたVaulta($A)へのスワップ計画を受け、過去24時間で再び0.80ドル(約120円)の水準を突破した。 Vaultaは公式ブログで、5月14日より旧仮想通...

Yohei Hanazato 2 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

4 Criptomonede Alternative de Top de Cumpărat Acum

4 Criptomonede Alternative de Top de Cumpărat Acum

newsbtc 34 minutes ago
Rumble to Launch Tether-Collab Crypto Wallet in Q3 2025. Here’s Why the Best Wallet Token Could Explode

Rumble to Launch Tether-Collab Crypto Wallet in Q3 2025. Here’s Why the Best Wallet Token Could Explode

Krishi Chowdhary 47 minutes ago
Solana

Solana cena spet pri 170 USD – nova kriptovaluta Solaxy (SOLX) pritegnila vlagatelje

amela 1 hour ago

Premium Sponsors

Top Brands

Press Releases

  • HJB Miner: High-return AI mining, earning huge profits

    42 minutes ago
  • Gate.io Releases Latest Proof of Reserves Report: Total...

    48 minutes ago
  • From Zero to $100K: How Average XRP Investors Are Making...

    3 hours ago
  • Analysis of The Top 7 Cloud Mining Sites in 2025; Earn Over...

    4 hours ago
  • Launch Your Bitcoin Miner with Dogecoin (DOGE) and Make Up...

    5 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.