Ethereum Price Prediction Today: Daily (ETH) Value Forecast – July 31


  • On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will rise and retest the $320 and $340 price levels.
  • On the other hand, if the bulls fail to break the EMAs, the crypto’ price will continue its range-bound move below the EMAs.

ETH/USD Medium-term Trend: Ranging

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

Yesterday July 30, the ETH/USD pair was in a range bound move below the 12-day EMA and the 26-day EMA. Nevertheless, the rectangular block is characterized by small body candlestick like the Doji and Spinning tops which described the indecision between the buyers and sellers at the current market price.

The price will continue to range below the EMAs as long as the small body candlestick dominate the chart. On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will rise and retest the $320 and $340 price levels. On the other hand, if the bulls fail to break the EMAs, the crypto’ price will continue its range-bound move below the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Ethereum is in a bullish trend. The 12-day EMA and the 26-day EMA are pointing northward. The crypto's price is making a series of higher highs and higher lows as the price reached a high of $219 price level.

However, the coin was resisted as the bears broke below the EMAs. The price is range-bound below the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

 

Ethereum’s price is $2,285.56 ETH/USD exchange rate today. The real-time ETH market cap of $265.9 Billion currently ranks #2 with , daily trading volume of $16.8 Billion and live coin value change of ETH -4.41 in the last 24 hours.

Live Ethereum (ETH) Price:

1 ETH/USD =$2,285.5649 change ~ -4.41%

Coin Market Cap

$265.9 Billion

24 Hour Volume

$16.8 Billion

24 Hour VWAP

$2.35 K

24 Hour Change

$-100.81

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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