Key Highlights
Ethereum is in a downtrend, may revisit the low of $310
The king coin may further decline if the $310 support cracks

Ethereum (ETH) Current Statistics
The current price: $340.77
Market Capitalization: $38,409,814,313
Trading Volume: $13,841,563,162
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 23, 2020
Today, Ether is trading at $340 at the time of writing. Following the failure of the bulls to break the $390 resistance, the bears have taken advantage to break the $380 and $350 support levels. The price is below the SMAs, therefore,there is a likelihood of further downsides. For example, on September 21, the coin fell to $332 low.

The downtrend has resumed again after a retest at the $346 high. The selling pressure may extend to the previous low at $310. This support at $310 has been holding since September 5. If it is broken, the coin will further decline to $260 low. However, if the support holds, Ethereum will resume a fresh uptrend.

ETH Technical Indicators Reading
Ether is falling as the price bars are below the EMAs. The upward move will resume if the price is above the $380 support or the coin rebounds. The coin is trading at level 41 of the Relative Strength Index period 14. It indicates that the coin is in the downtrend zone.

Conclusion
Since the bulls fail to break the $390 resistance, the focus is now at the $310 support level. Since on September 5, ETH fell to the low at $310 and corrected upward. The retraced candle body tested 78.6% Fibonacci retracement level. This explains the market will reach a low of 1.272 Fibonacci extension level or $260 low. This is based on the fact the $310 support will crack.


Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum has a fresh target price of $420
The coin is still battling the resistance at $390

Ethereum (ETH) Current Statistics
The current price: $381.78
Market Capitalization: $43,016,171,550
Trading Volume: $12,067,100,125
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 20, 2020
From the rejection at the $390 resistance, Ether is falling to the previous low at $378. Each time the market falls it will retrace to the low of $378 and $381. ETH will rise again to retest the $390 resistance. The coin is rising and it has reached $381 at the writing. The crypto has resumed an upward move as it found support above $380. On the downside, if price has retraced and broken below $350, the selling pressure would have persisted.

ETH Technical Indicators Reading
The price has earlier broken above the resistance line of the ascending channel. This assures that the rise of the coin will continue. Another aspect is that price has remained above the EMAs. This also indicates that the coin is rising.

Conclusion
From the price action on the 4-hour chart, Ethereum is likely to rise if the current resistance is breached. On September 17, the coin was in an upward move. It was resisted at $390 but the last retraced candle tested the 61.8% Fibonacci retracement level. This indicates that the market will rise and reach a high of 1.618 Fibonacci extension level or $420 high.



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum may retrace to $310 low
The biggest altcoin will reach a low of $241 if the selling pressure persists

Ethereum (ETH) Current Statistics
The current price: $359.92
Market Capitalization: $40,534,201,766
Trading Volume: $17,001,712,126
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 16, 2020
The biggest altcoin has fallen to $360 at the time of writing. The current retracement was as a result of the rejection at the $390 high. The price is falling to the $310 support. If the bears break the $310, the market will drop to $241 low.

The downtrend will continue to $206 if the selling pressure persists. On the upside, if buyers push price above $400 high, the upside momentum will resume. In the meantime, Ether is retracing to the support at $310 low. The market may resume bullish momentum if the $310 support holds.

ETH Technical Indicators Reading
Ethereum is on an ascending channel. The price is falling towards the support line of the ascending channel. A break below the support line and the price is sustained will mean a further downward movement of the coin. However, if price bounces and holds above the support line, it will mean a resumption of the upward move. Ethereum shows a sign of falling as price is below the EMAs.

Conclusion
The coin is on a downward move and it is approaching the low at $310. What is not clear is whether the downtrend will extend beyond $310. On September 5 downtrend, a green candle body tested the 61.8 % Fibonacci retracement level. It indicates that ETH will fall to 1.618 Fibonacci extension or $241 low if the support at $320 is breached.



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum rises, may reach a new high of $410
Ethereum may retrace and find support above the EMAs

Ethereum (ETH) Current Statistics
The current price: $386.28
Market Capitalization: $43,486,184,295
Trading Volume: $54,261,378,104
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 12, 2020
Ethereum bulls have continued to make a steady move after rebounding above $320. The current momentum should be sustained for the coin to continue its rise. Buyers must sustain price above $395 for the coin to be out of the bearish trend zone. Today, Ether is facing rejection at the $390 resistance. The crypto will fall back into the bearish trend zone if price breaks below $358. On the upside, if the current retracement finds support, ETH will rise to the $400 or $440 highs.

ETH Technical Indicators Reading
The price is attempting to break above the EMAs. If it does, the uptrend will resume. Presently, Ether is above 25 % range of the daily stochastic. It indicates that the coin is in a bullish momentum.

Conclusion
The crypto is making positive moves on the upside. If the current momentum is sustained, the bearish scenario will be invalidated. On September 10 uptrend, the retraced candle body tested the 61.8 % Fibonacci retracement level. The current move is expected to reach a high of 1.618 Fibonacci extension level. or $410 high



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum is likely to fall and reach another low of $260
Ethereum risks further decline below $310

Ethereum (ETH) Current Statistics
The current price: $334.37 
Market Capitalization: $37,624,529,738
Trading Volume: $21,351,580,520
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 9, 2020
The biggest altcoin has been trading at $333 at the time of writing. Since September 5, Ether has been fluctuating between $300 and $380. The bears have not been able to break the current support while the bulls have not been able to push ETH above $380 high.

On the upside, the current uptrend would have resumed trending if the bulls are successful above $380. Today, the coin is falling and approaching the current support at $300. Ethereum risks further decline if the current support at $300 is breached. The coin will decline to $260 low.

ETH Technical Indicators Reading
ETH price is below the EMAs which suggests that the coin may further fall. The uptrend will resume when price is above the EMAs. The crypto is also at level 39 of the Relative Strength Index period 14. The coin is approaching the oversold region of the market.

Conclusion
The biggest altcoin is still fluctuating above $300 support. According to the Fibonacci tool , Ethereum will fall if the $300 support is broken. On the September 5 downtrend, the coin fell to $310 and the retraced candle body tested the 78.6% Fibonacci retracement level. It is likely the market will fall and reach a low of $260 or 1.272 Fibonacci extension level.



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum falls and reaches the $320 support level
The biggest altcoin is likely to reverse

Ethereum (ETH) Current Statistics
The current price: $329.86
Market Capitalization: $37,104,087,419
Trading Volume: $31,884,975,797
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis September 6, 2020
Ether has been on a downward move after the breaking of the last crucial support at $380. Today, the market has fallen and reached a low of $329. The downtrend has reached bearish exhaustion. On the upside, if the bulls push price above the $380 support, the upside momentum will resume. Otherwise, Ethereum will be range-bound between $300 and $380. Nevertheless, if the bears break below the $300 support, the coin will further depreciate to $240. This will portend negatively for the coin. The biggest altcoin is consolidating above $300 at the time of writing.

ETH Technical Indicators Reading
The price is still below the EMAs which makes the coin vulnerable to fall. ETH is at level 37 of the Relative Strength Index period 14. The coin is approaching the oversold region of the market.

Conclusion
Ethereum downward move may have reached bearish exhaustion. The Fibonacci tool has indicated Ethereum’s possible reversal at $320. On September 3 downtrend, the coin fell to $370 and the price was corrected upward. The retraced candle body tested the 78.6% Fibonacci retracement level. This implies that the coin will fall and reach the 1.272 Fibonacci extension level or $320 low. The market has reached that level and we expect a possible reversal.



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum rebounds attempt to retest the $440 overhead resistance
Ether targets the high of $560

Ethereum (ETH) Current Statistics
The current price: $405.06
Market Capitalization: $45,524,303,208
Trading Volume: $9,432,951,618
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis August 30, 2020
On August 28, Ether rebounded above $380 support as price breaks above the EMAs and $400 support. This is a positive sign as the sustained move can break the minor resistances and eventually retest the $440 overhead resistance. As price continues its upward move, it may face resistance at the $410 and $420 high. The market will continue upward if the recent uptrend is sustained. On the other hand, if ETH faces rejection at either $420 or $410, the coin will fall or resume a sideways move below the resistance. Today, ETH is trading at $406 at the time of writing.

ETH Technical Indicators Reading
The price is above the 50- day SMA but approaching the 21-day SMA. ETH will rise if price is above the SMAs. The coin is in a bullish momentum as it is above the 25% range of the daily stochastic. Buyers are expected to emerge at the oversold region.

Conclusion
Ethereum is making a positive move attempting to retest the $440 overhead resistance. On August 14 uptrend, the coin reached the $440 high and was resisted. A retraced candle body tested the 38.2% Fibonacci retracement level. This indicates that Ethereum will break the overhead resistance and reach a high of 2.618 Fibonacci extension level. That is the high of $560.


Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Key Highlights
Ethereum rebounds above $370 support and resumes upward
Buyers are likely to retest the $440 resistance

Ethereum (ETH) Current Statistics
The current price: $386.47
Market Capitalization: $43,414,617,072
Trading Volume: $12,741,970,565
Major supply zones: $280, $320, $360
Major demand zones: $160, $140, $100

Ethereum (ETH) Price Analysis August 26, 2020
Since the bears broke the support at $400, the price fell to $370 low but price was corrected upward. Since August 1, the crucial support levels of  $380 and $400 have been holding. Yesterday, the bulls buy the dips to push Ether above the crucial support level. Today, the biggest altcoin is trading at $385 at the time of writing.

The bulls are attempting to push ETH above $400 so that a retest of $440 resistance can be achieved. The bullish trend will resume once the $440 resistance is broken. Then the coin will reach its target price of $480 or $550. Conversely, when buyers fail to push the price above this resistance, the range-bound movement will continue for a few more days.

ETH Technical Indicators Reading
ETH is at level 51 of the Relative Strength Index period 14. It indicates that the supply and demand are the midpoints of the centerline 50. The price has broken the 12-day EMA but above the 26-day EMA. ETH is likely to rise.

Conclusion
Buyers are attempting to push the price above the crucial support levels of price. On August 14 uptrend, ETH reached a high of $440 but was resisted. The retraced candle body tested the 38.2% Fibonacci retracement level. This indicates that when an uptrend resumes, Ether will rise and reach the 2.618 Fibonacci extension level. This is equivalent to $550 high.



Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results