Ethereum Price Prediction – February 18
The Ethereum price prediction moves below the key support of $2800, and it may continue to move down towards $2600 support.
Resistance levels: $3500, $3700, $3900
Support levels: $2500, $2300, $2100
As the market opens today, after touching the high of $2945 level, ETH/USD is now dropping with a bearish bias. The Ethereum (ETH) begins trading at $2894 and currently hovering below the 9-day and 21-day moving averages. However, the Ethereum price did start a nasty decline a few days ago and broke many supports below $2900. Meanwhile, the Ethereum price could correct higher, but it is likely to face sellers towards the lower boundary of the channel.