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Ethereum (ETH) Price Prediction for September 9


by Parshwa Turakhiya
for CoinEdition

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Ethereum-(ETH)-Price-Prediction-Analysis-This-Month

Ethereum price today is trading around $4,298, consolidating inside a tightening symmetrical triangle on the 4-hour chart. Support is close to $4,250, and resistance is at $4,370. This means that ETH is at a key point where it could either break out or go down even more.

Ethereum Price Compresses In Triangle Structure

ETH price forecast (Source: TradingView)

Ethereum price action shows repeated defenses of the $4,250 zone, where the 200-EMA aligns with trendline support. Overhead, the 20-EMA near $4,312 and the 50-EMA around $4,351 continue to cap rallies, creating a narrow trading range.

Related: Dogecoin (DOGE) Price Prediction: Rising ETF Odds Spark Bullish Momentum

RSI is close to 46, which means that momentum is low and there isn’t a clear direction. If buyers push the price above $4,370, the next targets are $4,500 and $4,700. If the price doesn’t stay above $4,250, it could drop to $4,100, and maybe even $3,900 if selling pressure picks up.

Analysts Compare Cycle Patterns With Bitcoin

The post Ethereum (ETH) Price Prediction for September 9 appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 88.00K

-0.18%

$ 2.97K

-0.08%

$ 0.129

-2.17%

$ 0.00...361

$ 0.0000824


Share:

In This News

Coins

$ 88.00K

-0.18%

$ 2.97K

-0.08%

$ 0.129

-2.17%

$ 0.00...361

$ 0.0000824


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Read More

Ethereum Price Prediction: Bids Stack Below $2,800 As Sellers Test Key EMA Resistance

Ethereum Price Prediction: Bids Stack Below $2,800 As Sellers Test Key EMA Resistance

Ethereum price today trades near $2,950, stabilizing after a sharp rejection from the...
Ethereum Price Prediction: Hayes Moves $3M as ETH Loses Momentum to DeFi

Ethereum Price Prediction: Hayes Moves $3M as ETH Loses Momentum to DeFi

Arthur Hayes rotates over $3M from Ethereum into DeFi tokens as ETH consolidates, sig...

Ethereum (ETH) Price Prediction for September 9


by Parshwa Turakhiya
for CoinEdition

Share:

Ethereum-(ETH)-Price-Prediction-Analysis-This-Month

Ethereum price today is trading around $4,298, consolidating inside a tightening symmetrical triangle on the 4-hour chart. Support is close to $4,250, and resistance is at $4,370. This means that ETH is at a key point where it could either break out or go down even more.

Ethereum Price Compresses In Triangle Structure

ETH price forecast (Source: TradingView)

Ethereum price action shows repeated defenses of the $4,250 zone, where the 200-EMA aligns with trendline support. Overhead, the 20-EMA near $4,312 and the 50-EMA around $4,351 continue to cap rallies, creating a narrow trading range.

Related: Dogecoin (DOGE) Price Prediction: Rising ETF Odds Spark Bullish Momentum

RSI is close to 46, which means that momentum is low and there isn’t a clear direction. If buyers push the price above $4,370, the next targets are $4,500 and $4,700. If the price doesn’t stay above $4,250, it could drop to $4,100, and maybe even $3,900 if selling pressure picks up.

Analysts Compare Cycle Patterns With Bitcoin

The post Ethereum (ETH) Price Prediction for September 9 appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 88.00K

-0.18%

$ 2.97K

-0.08%

$ 0.129

-2.17%

$ 0.00...361

$ 0.0000824


Share:

In This News

Coins

$ 88.00K

-0.18%

$ 2.97K

-0.08%

$ 0.129

-2.17%

$ 0.00...361

$ 0.0000824


Share:

Read More

Ethereum Price Prediction: Bids Stack Below $2,800 As Sellers Test Key EMA Resistance

Ethereum Price Prediction: Bids Stack Below $2,800 As Sellers Test Key EMA Resistance

Ethereum price today trades near $2,950, stabilizing after a sharp rejection from the...
Ethereum Price Prediction: Hayes Moves $3M as ETH Loses Momentum to DeFi

Ethereum Price Prediction: Hayes Moves $3M as ETH Loses Momentum to DeFi

Arthur Hayes rotates over $3M from Ethereum into DeFi tokens as ETH consolidates, sig...