Ethereum Price Prediction – After Touching $217 Low, ETH/USD Makes a Quick Turn Upward ByAzeez MustaphaPRO INVESTOR Updated: 09 July 2020 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. Join Our Telegram channel to stay up to date on breaking news coverage ETH Price Prediction – June 28 The price to buy Ethereum saw a 1.83% price hike today as the coin rises to the $227 resistance level. ETH/USD Market Key Levels: Resistance levels: $245, $255, $265 Support levels: $200, $190, $180 ETHUSD – Daily Chart ETH/USD experienced a small price decline today and it is currently trading at $224.81. The cryptocurrency continues to be supported at the $215 level but it seems that the bears are adamant to push the coin lower. More so, Ethereum (ETH) is gaining over 1.83% within 24 hours. However ETH/USD keeps following the downtrend within the channel formation, trading below the 9-day and 21-day moving averages. Looking at the daily chart, after the opening of the market, the daily price chart shows that ETH/USD also falls from $217.53 to $215, where it found short-term support and later bounced up to $224.81, where it is currently trading. Moreover, for a backward movement, the market can be supported at $200 and $190 levels, if the price falls below the previous levels; another support is around $180. But should in case the price exceeds the indicated level by moving upward, then, the resistance levels of $245, $255, and $265 may be visited. The RSI (14) rises above 45-level, which may likely give some bullish signals. Comparing with Bitcoin, as the green-line of the 21-day moving average is above the red-line of the 9-day moving average, the market price may continue to keep the uptrend. ETH/BTC is currently trading at the 2465 SAT and if the market begins to drop, the next key supports may likely be at 2300 SAT and below. ETHBTC – Daily Chart On the upside, a bullish continuation above the channel may likely come into play, when this is done, the resistance level of 2600 SAT and above could be visited. Meanwhile, the market may have a bearish day because the technical indicator RSI (14) moves around 50-level, which could give more bullish signals for a while. Join Our Telegram channel to stay up to date on breaking news coverage