Ethereum Price Prediction for Today June 20

Ethereum Price Prediction for Today June 20

Ethereum Price Prediction for Today June 20: The Ethereum price forecast shows that the ETH is moving above the $ 1,000 level and is currently trading at $ 1,048.

Ethereum (ETH) Statistics:

  • Ethereum price now – $ 1048
  • Ethereum market cap – $ 127.1 billion
  • Ethereum circulating supply – 121.2 million
  • Total supply of Ethereum – 121.2 million
  • Ethereum Coinmarketcap Ranking – # 2

ETH / USD market

Key Levels:

Resistance levels: $ 1900, $ 2000, $ 2100

Support levels: $ 170, $ 150, $ 130

ETH / USD The second crypto has traded above the $ 1075 mark again as it faces the path of growth. Over the past few weeks, Ethereum prices have continued to move roughly as the currency moves south. At the moment, Ethereum prices are down 5.47% in the last 24 hours at $ 1048 below the 9-day and 21-day moving averages.

Ethereum Pricing: Ethereum (ETH) may break above the moving average

The daily chart reveals, The Ethereum Price The last few days has not been able to express a strong rise. Nevertheless, the good thing is that the currency is likely to start moving upside down. Meanwhile, the Ethereum price should remain above $ 1000 for the next few days as the technical indicator Relative Strength Index (14) recovers from the over-selling area and needs to regain the right uptrend.

However, for the Ethereum price to be comfortable above, it has to overcome some important resistance levels of $ 1300 and $ 1500. Therefore, if the currency manages these levels closely, it could reach potential resistance levels at $ 1900, $ 2000 and $ 2100. Conversely, if the Bears re-enter the market, the ETH / USD channel may fall below the lower limit, and any rough move could drag it to critical supports of $ 170, $ 150 and $ 130.

Against Bitcoin, Ethereum prices are rising above the 9-day moving average. Currently, the coin is changing hands at 5378 SAT as the technical indicator relative strength index (14) moves towards the 40-level.

Ethereum Price Prediction for Today June 20

ETHBTC – Daily Chart

However, the daily chart revealed that there will be day for buyers as it can reach resistance of 6000 SAT and above. Conversely, a low steady movement below the channel’s lower limit could cancel the bullish pattern and attract new vendors to attack support at 4600 SAT and below.

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Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.

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