Ethereum Price Prediction Today: Daily (ETH) Value Forecast – July 12


  • On the downside, if the bears break the $260 price level , the coin will fall to a low of either $226 or $231 price level.
  • On the upside, if the $260 price level holds , the crypto’s price will rise to retest or break above the EMAs.

ETH/USD Medium-term Trend: Bearish

  • Resistance Levels: $280, $300, $280
  • Support Levels: $260, $240, $220

Yesterday, July 11, the bears broke the $280 price level as the downward correction continued. On June 26, the ETH/USD pair had been on a downward correction after the bulls failed to break the $340 overhead resistance level. The downward correction has reached a low of $260 but the price is hovering above the $260 price level.

On the downside, if the bears break the $260 price level , the coin will fall to a low of either $226 or $231 price level. On the upside, if the $260 price level holds , the crypto’s price will rise to retest or break above the EMAs. The MACD line and the signal line are above the zero line which indicates a buy signal.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Ethereum is in a bearish trend. The 12-day EMA and the 26-day EMA are trending southward. On July 11, the bears broke the EMAs and reached a low of $268. The crypto’s price is now fluctuating below the 12-day EMA and the 26-day EMA.

On the upside, if the bulls break above the EMAs, the crypto's price will rise and retest the $320 and $340 resistance levelsThe MACD line and the signal line are above the zero line which indicates a buy signal.

 

Ethereum’s price is $3,446.27 ETH/USD exchange rate today. The real-time ETH market cap of $398.98 Billion currently ranks #2 with , daily trading volume of $18.98 Billion and live coin value change of ETH 0.75 in the last 24 hours.

Live Ethereum (ETH) Price:

1 ETH/USD =$3,446.2662 change ~ 0.75%

Coin Market Cap

$398.98 Billion

24 Hour Volume

$18.98 Billion

24 Hour VWAP

$3.49 K

24 Hour Change

$25.74

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

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