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

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

2025-05-10

Trump -Binance tires are confronted with control – “The use of the family’s stablecoin to …”

2025-05-10

Settings HOUSTER 41.3K BITCOIN – This is what it means for the next Gulf of BTC

2025-05-10
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

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10

    Decentralized AI Society to run Hypercycle Masternode

    2025-05-09

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • 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

    Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

    2025-05-10

    Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

    2025-05-10

    NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

    2025-05-09

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum price ready to test $2,000, these could be the factors to watch
Analysis

Ethereum price ready to test $2,000, these could be the factors to watch

2023-11-11No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price is moving higher above the USD 1,900 resistance against the US dollar. ETH could accelerate higher towards USD 2,000 or even USD 2,120 in the coming sessions.

  • Ethereum is showing positive signals above the USD 1,900 level.
  • The price is trading above USD 1,880 and the 100-hourly Simple Moving Average.
  • A connecting bullish trendline is forming with support near $1,905 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could rise further towards the $2,000 mark in the short term.

Ethereum price seems to be on track

Ethereum is forming a base above the USD 1,850 support zone. ETH remained in a bullish zone and slowly climbed above the USD 1,880 resistance, just like Bitcoin.

There was also a move above the USD 1,920 resistance. The price traded to a new multi-week high at $1,925 and is currently consolidating gains. Current price action is positively above the 23.6% Fib retracement level of the recent wave from the $1,852 swing low to the $1,925 high.

Ethereum is trading above $1,880 and the 100-hourly Simple Moving Average. A connecting bullish trendline is also forming with support near $1,905 on the hourly chart of ETH/USD.

Ethereum price

Source: ETHUSD on TradingView.com

On the upside, the price is facing resistance around the $1,925 level. The next major resistance is at $1,950, above which the price could accelerate higher. In the said case, the price could rise towards the USD 2,000 resistance. The next major resistance is near USD 2,050, above which the price could aim for a move towards the USD 2,120 level.

See also  Tectum (TET) Price Prediction 2023 2024 2025

Are dips supported in ETH?

If Ethereum fails to clear the USD 1,925 resistance, it could initiate a downward correction. The initial downside support is near the $1,905 level and the trendline.

The next major support is $1,880 or the 100 hourly SMA or the 61.8% Fib retracement level of the recent wave from the $1,852 swing low to the $1,925 high. The main support is at $1,850. A downward break below the $1,850 support could trigger bearish moves. In the mentioned case, Ether could drop to the $1,780 level.

Technical indicators

hourly MACD – The MACD for ETH/USD is gaining strength in the bullish zone.

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

Major support level – $1,880

Major resistance level – $1,950

Source link

Ethereum Factors Price ready Test Watch
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

2025-05-10

Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

2025-05-10

NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

2025-05-09

XRP analyst marks XDC for 3,350% starts as bullish statistics appear

2025-05-09
Add A Comment

Comments are closed.

Top Posts

NFTs are garbage psy-ops

2023-08-30

We’re not saying Web3 gaming and social are the future… but this is a positive indicator

2023-06-12

Public crypto companies get chance to shine as cybersecurity incidents must be reported within days under SEC rules

2023-12-15
Editors Picks

According to Analysts, Crypto Whales Charge $3,807,886,076 of Ethereum in Just Two Days

2025-01-26

Bitcoin Price Key Indicators Suggest A Strong Case For More Losses

2023-08-16

Polygon drops to January levels; here are the key areas to consider

2023-05-11

Bitcoin Mining Revenue Reaches $45 Million – Understand What It Means for You

2025-01-22
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

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

Trump -Binance tires are confronted with control – “The use of the family’s stablecoin to …”

Settings HOUSTER 41.3K BITCOIN – This is what it means for the next Gulf of BTC

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)$103,439.960.50%
  • ethereumEthereum(ETH)$2,370.850.92%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.370.90%
  • binancecoinBNB(BNB)$657.954.05%
  • solanaSolana(SOL)$170.903.16%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2227399.16%
  • cardanoCardano(ADA)$0.791.04%
  • tronTRON(TRX)$0.2639801.87%
  • suiSui(SUI)$3.950.14%
  • chainlinkChainlink(LINK)$16.170.16%
  • avalanche-2Avalanche(AVAX)$23.994.26%
  • stellarStellar(XLM)$0.3025601.15%
  • shiba-inuShiba Inu(SHIB)$0.0000164.73%
  • hedera-hashgraphHedera(HBAR)$0.2073093.50%
  • hyperliquidHyperliquid(HYPE)$25.252.48%
  • the-open-networkToncoin(TON)$3.383.67%
  • bitcoin-cashBitcoin Cash(BCH)$419.01-0.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.12%
  • polkadotPolkadot(DOT)$5.0710.29%
  • litecoinLitecoin(LTC)$102.874.56%
  • moneroMonero(XMR)$318.274.79%
  • bitget-tokenBitget Token(BGB)$4.775.24%
  • pepePepe(PEPE)$0.000013-0.20%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.730.06%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.552.74%
  • bittensorBittensor(TAO)$446.132.58%
  • nearNEAR Protocol(NEAR)$2.973.13%
  • aptosAptos(APT)$5.741.36%
  • okbOKB(OKB)$54.901.40%
  • aaveAave(AAVE)$217.613.82%
  • ondo-financeOndo(ONDO)$1.021.10%
  • ethereum-classicEthereum Classic(ETC)$19.391.81%
  • internet-computerInternet Computer(ICP)$5.453.13%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.202.91%
  • kaspaKaspa(KAS)$0.1048441.33%
  • gatechain-tokenGateToken(GT)$22.151.17%
  • crypto-com-chainCronos(CRO)$0.1017182.04%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2582281.56%
  • render-tokenRender(RENDER)$5.124.81%
  • vechainVeChain(VET)$0.0305904.40%
  • mantleMantle(MNT)$0.770.22%
  • ethenaEthena(ENA)$0.3753332.23%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.871.20%
  • celestiaCelestia(TIA)$3.2314.39%
  • filecoinFilecoin(FIL)$3.052.23%
  • bitcoinBitcoin(BTC)$103,439.960.50%
  • ethereumEthereum(ETH)$2,370.850.92%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.370.90%
  • binancecoinBNB(BNB)$657.954.05%
  • solanaSolana(SOL)$170.903.16%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2227399.16%
  • cardanoCardano(ADA)$0.791.04%
  • tronTRON(TRX)$0.2639801.87%
  • suiSui(SUI)$3.950.14%
  • chainlinkChainlink(LINK)$16.170.16%
  • avalanche-2Avalanche(AVAX)$23.994.26%
  • stellarStellar(XLM)$0.3025601.15%
  • shiba-inuShiba Inu(SHIB)$0.0000164.73%
  • hedera-hashgraphHedera(HBAR)$0.2073093.50%
  • hyperliquidHyperliquid(HYPE)$25.252.48%
  • the-open-networkToncoin(TON)$3.383.67%
  • bitcoin-cashBitcoin Cash(BCH)$419.01-0.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.12%
  • polkadotPolkadot(DOT)$5.0710.29%
  • litecoinLitecoin(LTC)$102.874.56%
  • moneroMonero(XMR)$318.274.79%
  • bitget-tokenBitget Token(BGB)$4.775.24%
  • pepePepe(PEPE)$0.000013-0.20%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.730.06%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.552.74%
  • bittensorBittensor(TAO)$446.132.58%
  • nearNEAR Protocol(NEAR)$2.973.13%
  • aptosAptos(APT)$5.741.36%
  • okbOKB(OKB)$54.901.40%
  • aaveAave(AAVE)$217.613.82%
  • ondo-financeOndo(ONDO)$1.021.10%
  • ethereum-classicEthereum Classic(ETC)$19.391.81%
  • internet-computerInternet Computer(ICP)$5.453.13%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.202.91%
  • kaspaKaspa(KAS)$0.1048441.33%
  • gatechain-tokenGateToken(GT)$22.151.17%
  • crypto-com-chainCronos(CRO)$0.1017182.04%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2582281.56%
  • render-tokenRender(RENDER)$5.124.81%
  • vechainVeChain(VET)$0.0305904.40%
  • mantleMantle(MNT)$0.770.22%
  • ethenaEthena(ENA)$0.3753332.23%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.871.20%
  • celestiaCelestia(TIA)$3.2314.39%
  • filecoinFilecoin(FIL)$3.052.23%