Ethereum Price Forecast For 11th August: ETH/USD Is Winning ByAzeez MustaphaPRO INVESTOR Updated: 13 August 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage ETH/USD price chart shows that price action has broken the $1800 resistance, and now testing the $1900 resistance level. Ethereum Prediction Statistic Data Ethereum Price Now – $1895 Ethereum Market Cap – $229 Billion Ethereum circulating supply 121.9 million Ethereum total supply – 121.9 million Ethereum current rating – #2 ETH/USD Market Resistance level: $1753, $1800 $1900 Support level:   $1846, $1711, $1600 Ethereum Price Forecast: What the Indicators are Saying About ETH/USD At the present, ETH/USD is valued at $1895 with a bullish market momentum. The Relative Strength index indicates a strong bullish trend at 69%. In support of this indication, the 9-day moving average curve is below the price activities. This shows that the bulls are in control of the market for now. According to the MACD, the signal lone could not cross the MACD line although it came close to crossing it. If it had crossed it, it could have signal a change in the trend which will be favouring the bears. Instead the MACD line recovered its upward momentum. Going by the trend, it is possible that the coin will find a new resistance at $1950. Ethereum Price Forecast: ETH/USD 4-Hours Chart Outlook In contrary to the daily chart, Ethereum uptrend is weakening we see that the RSI signals that price have entered the overbought region. Also, the signal line has crossed the RSI curve and the curve is coming down as expected, although its activity of the indicator is at 89%. Ethereum Price Forecast: ETH/BTC on The Upside Movement ETHBTC is also enjoying bullish market momentum. The 21-day moving average and the 9-day moving average are well below the market action. And other indicators are in support of an uptrend. The RSI is measuring strength of 77%. And the 9-day moving average is at $0.074166 which is below the price of the market and the price of the market is $0.074166. Related How to Buy Tamadoge Visit Tamadoge Website Join Our Telegram channel to stay up to date on breaking news coverage