Ethereum (ETH) Price Analysis: Ethereum Is in a Downward Correction, Revisits Level $3,130

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Key Highlights
Ethereum is in a downward correction, consolidates above $3,130
Ether faces rejection at level $3,400

Ethereum ETH) Current Statistics
The current price: $3,298.56
Market Capitalization: $388,536,402,743
Trading Volume: $16,793,042,916
Major supply zones: $3,000, $3,500, $4,000
Major demand zones: $2,500, $2,000, $1,500

Ethereum (ETH) Price Analysis September 13, 2021
After the last bearish impulse, Ethereum’s (ETH) price resumed a downward correction. Ether plunged to $3,030 and pulled back to the previous high. The biggest altcoin corrected upward to level $3,544 but faces rejection. Ether dropped again to the low of $3,148. Today, buyers are struggling to sustain above the $3,400 high. In the meantime, the crypto is fluctuating between levels $3,130 and $3,600. The uptrend will resume if buyers breached the resistance at level $3,400 and the bullish momentum is sustained.

ETH/USD – Daily Chart

ETH Technical Indicators Reading
ETH is at level 49 of the Relative Strength index period 14. It indicates that there is a balance between supply and demand. Ether is below the 80% range of the daily stochastic. It indicates that the altcoin was earlier in the overbought region. Presently Ether is declining on the downside.

Ether is now in a downward correction. Ether’s price broke above the 21-day SMA but faces rejection at $3,400. The biggest altcoin will resume an upward move if price breaks above the moving averages. Presently, the altcoin is falling as price reaches the overbought region.

ETH/USD – 4 Hour Chart

You can purchase crypto coins here. Buy Tokens

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

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

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