Ethereum Price Prediction: Long-term (ETH) Value Forecast – July 20


  • On June 27, after the bulls were resisted the market was on a downward correction to a low at $200 price level.
  • Nevertheless, if the bulls break the EMAs, the crypto’s price will rise to retest the $320 and $340 resistance levels.

ETH/USD Long-term Trend: Bearish

  • Resistance Levels: $240, $260, $280
  • Support Levels: $220, $200, $180

The ETH market had been on a downward correction after its resistance at the $340 price level. On June 27, after the bulls were resisted the market was on a downward correction to a low at $200 price level. On July 16, the downward trend was corrected and the support level had to hold for the past one week. The bulls had made an upward move to break above the 12-day EMA and the 26-day EMA. The ETH price has risen back into the previous range bound zone of $220 and $280.

Nevertheless, if the bulls break the EMAs, the crypto’s price will rise to retest the $320 and $340 resistance levels. The coin may continue its range bound move if the bulls fail to break above the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

 

Ethereum’s price is $3,434.20 ETH/USD exchange rate today. The real-time ETH market cap of $397.52 Billion currently ranks #2 with , daily trading volume of $22.58 Billion and live coin value change of ETH 3.51 in the last 24 hours.

Live Ethereum (ETH) Price:

1 ETH/USD =$3,434.2001 change ~ 3.51%

Coin Market Cap

$397.52 Billion

24 Hour Volume

$22.58 Billion

24 Hour VWAP

$3.35 K

24 Hour Change

$120.64

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide