Ethereum Price Prediction Today: Daily (ETH) Value Forecast – July 22


  • On the upside, if the $200 support level is holding the crypto’s price will rise to break above the EMAs and retest the $320 and $340 resistance levels.
  • On July 16, the downward trend was corrected as the price fell to the support of the $200 price level.

ETH/USD Medium-term Trend: Bearish

  • Resistance Levels: $280, $300, $280
  • Support Levels: $200, $180, $160

Last week the price of Ethereum was in a bearish trend but was trading below the EMAs. On June 27, the bulls were resisted at the $325 price level as the price fell to the support of the EMAs. The crypto’s price was ranging above the EMAs before the bears break below the EMAs. The crypto’s price has fallen and is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

On July 16, the downward trend was corrected as the price fell to the support of the $200 price level. On the upside, if the $200 support level is holding the crypto’s price will rise to break above the EMAs and retest the $320 and $340 resistance levels. On the other hand, if the $200 support level is broken the crypto’s price will fall to the low of $150 or $175 price level. The MACD line and the signal line are below the zero line which indicates a sell 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 sloping horizontally. On July 20, the bulls reached a high of $235 but fell below the EMAs at a low of $217.The MACD line and the signal line are below the zero line which indicates a sell signal.

 

Ethereum’s price is $1,569.32 ETH/USD exchange rate today. The real-time ETH market cap of $180.28 Billion currently ranks #2 with , daily trading volume of $10.11 Billion and live coin value change of ETH 8.69 in the last 24 hours.

Live Ethereum (ETH) Price:

1 ETH/USD =$1,569.3221 change ~ 8.69%

Coin Market Cap

$180.28 Billion

24 Hour Volume

$10.11 Billion

24 Hour VWAP

$1.52 K

24 Hour Change

$136.36

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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