ethereum price prediction eth usd slumps from 2945 resistance

Ethereum Price prediction: ETH Drops Below $2945 Resistance



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.

ETH/USD Market

Key Levels:

Resistance levels: $3500, $3700, $3900

Support levels: $2500, $2300, $2100

Ethereum Price Prediction
ETHUSD – Daily Chart

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.

Ethereum Price Prediction: More Falls May Come to Focus

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