Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

2025-05-19

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

2025-05-19

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18
  • Analysis

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»10% decline possible towards $1,440
Analysis

10% decline possible towards $1,440

2023-10-19No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price fell below the USD 1,565 support zone against the US dollar. ETH is accelerating lower and could drop towards the $1,440 support.

  • Ethereum is gaining pace below the USD 1,550 support zone.
  • The price is trading just below $1,565 and the 100-hour Simple Moving Average.
  • A connecting bearish trendline is forming with resistance near $1,565 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair remains at risk of more downside towards the $1,440 support.

Ethereum price is at risk

Ethereum started a new decline and fell below the pivot level of $1,600. ETH, like Bitcoin, traded below the $1,565 and $1,550 support levels.

A low is formed near USD 1,542 and the price is now consolidating losses. The current price action suggests high chances of more losses. There is also a connecting bearish trendline forming with resistance around $1,565 on the hourly chart of ETH/USD.

Ethereum is now trading just below $1,565 and the 100-hour Simple Moving Average. On the upside, the price is facing resistance near the $1,565 level and trendline. The 50% Fib retracement level of the downward move from the $1,585 swing high to the $1,542 low is also close to the trendline.

The first major resistance is near the $1,575 zone or the 76.4% Fib retracement level of the downward move from the $1,585 swing high to the $1,542 low.

Ethereum price

Source: ETHUSD on TradingView.com

A close above the resistance at $1,575 could trigger a steady rise. In the mentioned case, Ether could trigger a recovery wave towards the USD 1,600 resistance. Any further gains could open the doors for a move towards $1,665.

See also  Bitcoin Price Resumes Rally, Another 5% Rise on the Cards?

Lose more in ETH?

If Ethereum fails to clear the USD 1,565 resistance, it could trigger another decline. The initial downside support is near the $1,540 level.

The next major support is at USD 1,520. A downward break below the $1,520 support could trigger sharp bearish moves. In the mentioned case, the price could fall towards the USD 1,440 level. Any further losses could perhaps send Ether towards the USD 1,350 level.

Technical indicators

hourly MACD – The MACD for ETH/USD is gaining strength in the bearish zone.

RSI per hour – The RSI for ETH/USD is now below the 50 level.

Major support level – $1,520

Major resistance level – $1,565

Source link

decline
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Bitcoin: Can the Liquidity Chase Drive BTC to $36,000?

2023-10-25

BNB price at make-or-break moment, key levels to watch

2023-10-27

Dogecoin (DOGE) under pressure – take part in Bears area.

2025-03-11
Editors Picks

Bitcoin Whales Raise 100,000 BTC in 10 Days – What’s Next?

2024-02-16

Maker whales pause, market reacts

2023-08-09

Where are we going here? (Why can’t the crypto market make up its mind?)

2024-04-26

FIFA will issue football NFTs on Polygon, but won’t leave out Algorand

2023-12-12

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,409.011.09%
  • ethereumEthereum(ETH)$2,514.334.39%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.38-0.16%
  • binancecoinBNB(BNB)$649.341.08%
  • solanaSolana(SOL)$165.68-1.19%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.224054-0.27%
  • cardanoCardano(ADA)$0.740.22%
  • tronTRON(TRX)$0.265342-0.19%
  • suiSui(SUI)$3.820.47%
  • chainlinkChainlink(LINK)$15.752.25%
  • avalanche-2Avalanche(AVAX)$22.18-0.83%
  • stellarStellar(XLM)$0.285831-0.60%
  • hyperliquidHyperliquid(HYPE)$26.470.50%
  • shiba-inuShiba Inu(SHIB)$0.0000150.06%
  • hedera-hashgraphHedera(HBAR)$0.191446-0.29%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.31%
  • bitcoin-cashBitcoin Cash(BCH)$391.80-1.51%
  • litecoinLitecoin(LTC)$98.870.72%
  • the-open-networkToncoin(TON)$3.01-3.24%
  • polkadotPolkadot(DOT)$4.59-1.56%
  • moneroMonero(XMR)$343.800.63%
  • bitget-tokenBitget Token(BGB)$5.181.86%
  • pepePepe(PEPE)$0.0000130.47%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-0.61%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.941.38%
  • aaveAave(AAVE)$240.837.57%
  • bittensorBittensor(TAO)$407.05-1.71%
  • nearNEAR Protocol(NEAR)$2.740.29%
  • aptosAptos(APT)$5.141.79%
  • okbOKB(OKB)$52.18-0.97%
  • ondo-financeOndo(ONDO)$0.920.17%
  • ethereum-classicEthereum Classic(ETC)$18.432.00%
  • kaspaKaspa(KAS)$0.106812-2.27%
  • internet-computerInternet Computer(ICP)$5.180.20%
  • gatechain-tokenGateToken(GT)$21.42-0.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.87-0.45%
  • crypto-com-chainCronos(CRO)$0.095761-1.57%
  • mantleMantle(MNT)$0.73-0.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232377-1.19%
  • vechainVeChain(VET)$0.027893-0.44%
  • render-tokenRender(RENDER)$4.550.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.363347-2.28%
  • filecoinFilecoin(FIL)$2.861.11%
  • algorandAlgorand(ALGO)$0.2207730.28%
  • arbitrumArbitrum(ARB)$0.3889752.35%
  • bitcoinBitcoin(BTC)$105,409.011.09%
  • ethereumEthereum(ETH)$2,514.334.39%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.38-0.16%
  • binancecoinBNB(BNB)$649.341.08%
  • solanaSolana(SOL)$165.68-1.19%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.224054-0.27%
  • cardanoCardano(ADA)$0.740.22%
  • tronTRON(TRX)$0.265342-0.19%
  • suiSui(SUI)$3.820.47%
  • chainlinkChainlink(LINK)$15.752.25%
  • avalanche-2Avalanche(AVAX)$22.18-0.83%
  • stellarStellar(XLM)$0.285831-0.60%
  • hyperliquidHyperliquid(HYPE)$26.470.50%
  • shiba-inuShiba Inu(SHIB)$0.0000150.06%
  • hedera-hashgraphHedera(HBAR)$0.191446-0.29%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.31%
  • bitcoin-cashBitcoin Cash(BCH)$391.80-1.51%
  • litecoinLitecoin(LTC)$98.870.72%
  • the-open-networkToncoin(TON)$3.01-3.24%
  • polkadotPolkadot(DOT)$4.59-1.56%
  • moneroMonero(XMR)$343.800.63%
  • bitget-tokenBitget Token(BGB)$5.181.86%
  • pepePepe(PEPE)$0.0000130.47%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-0.61%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.941.38%
  • aaveAave(AAVE)$240.837.57%
  • bittensorBittensor(TAO)$407.05-1.71%
  • nearNEAR Protocol(NEAR)$2.740.29%
  • aptosAptos(APT)$5.141.79%
  • okbOKB(OKB)$52.18-0.97%
  • ondo-financeOndo(ONDO)$0.920.17%
  • ethereum-classicEthereum Classic(ETC)$18.432.00%
  • kaspaKaspa(KAS)$0.106812-2.27%
  • internet-computerInternet Computer(ICP)$5.180.20%
  • gatechain-tokenGateToken(GT)$21.42-0.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.87-0.45%
  • crypto-com-chainCronos(CRO)$0.095761-1.57%
  • mantleMantle(MNT)$0.73-0.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232377-1.19%
  • vechainVeChain(VET)$0.027893-0.44%
  • render-tokenRender(RENDER)$4.550.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.363347-2.28%
  • filecoinFilecoin(FIL)$2.861.11%
  • algorandAlgorand(ALGO)$0.2207730.28%
  • arbitrumArbitrum(ARB)$0.3889752.35%