Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin -Posts record daily and weekly closes – is a breakout on your hands?

2025-05-21

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

2025-05-21

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum price falls as the bulls sit back
Analysis

Ethereum price falls as the bulls sit back

2023-06-29No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price is slowly falling below the $1,880 level against the US dollar. ETH is still at risk of heading towards the USD 1,790 support.

  • Ethereum moves lower from the $1,920 resistance.
  • The price is trading below $1,880 and the 100-hour Simple Moving Average.
  • A bearish trendline is forming near $1,840 resistance on the ETH/USD hourly chart (data feed via Kraken) in the near term.
  • The pair could drop further towards the $1,790 support in the near term.

Ethereum price is moving towards USD 1,790

Ethereum price remained well below the key resistance zone at $1,920. ETH slowly moved lower below the USD 1,880 and USD 1,865 levels. It even traded to a new weekly low below $1,840, unlike Bitcoin.

A low is forming near USD 1,817 and the price is now consolidating losses. The price is trading below the 23.6% Fib retracement level from the recent drop from the $1,912 swing high to the $1,817 low. A short-term bearish trendline is also forming with resistance near $1,840 on the ETH/USD hourly chart.

Ether is showing bearish signs below USD 1,880 and the 100-hour Simple Moving Average. If Ethereum continues above USD 1,820, it could rise again.

Immediate resistance is near the $1,845 level or trendline. The next major resistance is near the $1,865 level and the 100-hour Simple Moving Average. It is close to the 50% Fib retracement level of the recent drop from the $1,912 swing high to the $1,817 low.

Ethereum price

Source: ETHUSD at TradingView.com

The first major resistance is near the $1,880 level. The main breakout zone is still near the $1,920 and $1,930 levels. A close above the $1,930 zone could start another rally. The next resistance is near $2,000, above which the price could rise towards the $2,050 level. Any further gains could send Ether towards the $2,120 resistance.

See also  Bitcoin (BTC) and Ethereum (ETH) Costs Plunge as Speculative Frenzy Cools, According to Crypto Analytics Firm

Lose more in ETH?

If Ethereum fails to clear the $1,865 resistance, it could drop further. The first support on the downside is near the $1,820 level.

The next major support is near the $1,790 level. If there is a move below $1,790, the price could drop to $1,740. More losses may perhaps send the price towards the $1,720 support.

Technical indicators

MACD per hour – The MACD for ETH/USD is gaining strength in the bearish zone.

RSI per hour – The RSI for ETH/USD is now below the 50 level.

Major Support Level – $1,790

Major resistance level – $1,865

Source link

Bulls Ethereum Falls Price sit
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

2025-05-21

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

2025-05-20

XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

2025-05-20
Add A Comment
Leave A Reply Cancel Reply

Top Posts

ECB CEO calls for embracing DLT, tokenization, to improve Europe’s ‘fragmented’ capital markets

2024-10-08

QuarkChain Joins Ethereum Layer 2 Ahead of Cancun Upgrade and Improves Speed ​​with ZK Tamper-Resistant and Parallel EVM

2023-12-29

Ozean cooperates with Redstone to strengthen Real-World Active integration in Defi

2025-04-15
Editors Picks

Coinbase’s Rollup Base Updates Roadmap and Goals for 2024

2024-01-12

Nigeria is reportedly promoting the Crypto Tax Plan while struggling with the Binance dispute

2025-02-18

US Treasury Department Begins $50,000,000,000 Liquidity Injection as Trillion-Dollar Bond Market Witnesses Weak Demand

2024-08-10

Bitcoin Fisher Transformation Reaches a Critical Level Not Seen Since 2021 What This Means

2024-02-22
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin -Posts record daily and weekly closes – is a breakout on your hands?

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,588.191.52%
  • ethereumEthereum(ETH)$2,543.751.70%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.350.62%
  • binancecoinBNB(BNB)$653.861.57%
  • solanaSolana(SOL)$168.991.94%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2270263.45%
  • cardanoCardano(ADA)$0.764.77%
  • tronTRON(TRX)$0.271864-0.43%
  • suiSui(SUI)$3.870.89%
  • chainlinkChainlink(LINK)$16.153.25%
  • avalanche-2Avalanche(AVAX)$22.743.21%
  • stellarStellar(XLM)$0.2903523.06%
  • hyperliquidHyperliquid(HYPE)$26.611.95%
  • shiba-inuShiba Inu(SHIB)$0.0000152.71%
  • hedera-hashgraphHedera(HBAR)$0.1965871.78%
  • unus-sed-leoUNUS SED LEO(LEO)$8.801.09%
  • bitcoin-cashBitcoin Cash(BCH)$398.102.62%
  • the-open-networkToncoin(TON)$3.060.98%
  • polkadotPolkadot(DOT)$4.693.40%
  • litecoinLitecoin(LTC)$95.603.24%
  • moneroMonero(XMR)$360.672.60%
  • bitget-tokenBitget Token(BGB)$5.150.20%
  • piPi(PI)$0.8111.03%
  • pepePepe(PEPE)$0.0000147.61%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$6.277.91%
  • aaveAave(AAVE)$256.02-2.18%
  • bittensorBittensor(TAO)$417.200.15%
  • nearNEAR Protocol(NEAR)$2.813.30%
  • aptosAptos(APT)$5.192.16%
  • okbOKB(OKB)$52.090.73%
  • ondo-financeOndo(ONDO)$0.952.20%
  • kaspaKaspa(KAS)$0.1113140.21%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4110.53%
  • ethereum-classicEthereum Classic(ETC)$18.592.74%
  • internet-computerInternet Computer(ICP)$5.242.50%
  • gatechain-tokenGateToken(GT)$21.550.83%
  • crypto-com-chainCronos(CRO)$0.0966610.49%
  • mantleMantle(MNT)$0.740.52%
  • vechainVeChain(VET)$0.0285424.26%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331462.16%
  • render-tokenRender(RENDER)$4.672.65%
  • ethenaEthena(ENA)$0.3904766.56%
  • usd1World Liberty Financial USD(USD1)$1.000.08%
  • algorandAlgorand(ALGO)$0.2268113.80%
  • arbitrumArbitrum(ARB)$0.4004433.40%
  • filecoinFilecoin(FIL)$2.882.78%
  • bitcoinBitcoin(BTC)$106,588.191.52%
  • ethereumEthereum(ETH)$2,543.751.70%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.350.62%
  • binancecoinBNB(BNB)$653.861.57%
  • solanaSolana(SOL)$168.991.94%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2270263.45%
  • cardanoCardano(ADA)$0.764.77%
  • tronTRON(TRX)$0.271864-0.43%
  • suiSui(SUI)$3.870.89%
  • chainlinkChainlink(LINK)$16.153.25%
  • avalanche-2Avalanche(AVAX)$22.743.21%
  • stellarStellar(XLM)$0.2903523.06%
  • hyperliquidHyperliquid(HYPE)$26.611.95%
  • shiba-inuShiba Inu(SHIB)$0.0000152.71%
  • hedera-hashgraphHedera(HBAR)$0.1965871.78%
  • unus-sed-leoUNUS SED LEO(LEO)$8.801.09%
  • bitcoin-cashBitcoin Cash(BCH)$398.102.62%
  • the-open-networkToncoin(TON)$3.060.98%
  • polkadotPolkadot(DOT)$4.693.40%
  • litecoinLitecoin(LTC)$95.603.24%
  • moneroMonero(XMR)$360.672.60%
  • bitget-tokenBitget Token(BGB)$5.150.20%
  • piPi(PI)$0.8111.03%
  • pepePepe(PEPE)$0.0000147.61%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$6.277.91%
  • aaveAave(AAVE)$256.02-2.18%
  • bittensorBittensor(TAO)$417.200.15%
  • nearNEAR Protocol(NEAR)$2.813.30%
  • aptosAptos(APT)$5.192.16%
  • okbOKB(OKB)$52.090.73%
  • ondo-financeOndo(ONDO)$0.952.20%
  • kaspaKaspa(KAS)$0.1113140.21%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4110.53%
  • ethereum-classicEthereum Classic(ETC)$18.592.74%
  • internet-computerInternet Computer(ICP)$5.242.50%
  • gatechain-tokenGateToken(GT)$21.550.83%
  • crypto-com-chainCronos(CRO)$0.0966610.49%
  • mantleMantle(MNT)$0.740.52%
  • vechainVeChain(VET)$0.0285424.26%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331462.16%
  • render-tokenRender(RENDER)$4.672.65%
  • ethenaEthena(ENA)$0.3904766.56%
  • usd1World Liberty Financial USD(USD1)$1.000.08%
  • algorandAlgorand(ALGO)$0.2268113.80%
  • arbitrumArbitrum(ARB)$0.4004433.40%
  • filecoinFilecoin(FIL)$2.882.78%