Ethereum Price Prediction for Today, September 17: ETH Builds Energy ByAzeez MustaphaPRO INVESTOR Updated: 17 September 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 Hikes Relatively – September 17An energy-measuring trading indicator demonstrated that the ETH/USD market builds energy around the $1,500 line. In the last seven days’ operations, the price has maintained, featuring between $1,415.04 and $1,784.50, representing low and high values. Presently, the market carries a minute positive percentage rate of 0.44.Ethereum (ETH) Statistics:ETH price now – $1,440.62ETH market cap – $176.3 billion ETH circulating supply – 122.4 million ETH total supply – 122.4 million Coinmarketcap ranking – #2ETH Hikes Relatively: ETH MarketKey Levels:Resistance levels: $1,750, $2,000, $2,250Support levels: $1,250, $1,050, $850ETH/USD – Daily ChartThe ETH/USD daily chart showcases the crypto economy builds energy around the $1,500 trading level. The tendency of that assumption, coming out to a successful stage, has been confirmed by the reading of the Stochastic Oscillators, which shows 6.77 and 0.73 range points in the oversold region presently. The 14-day SMA indicator is at $1,603.30, closely underneath the 50-day SMA indicator, which is at $1,683.34. The horizontal line remains drawn at the $1,000 support level. Buy Ethereum Now Your capital is at risk. Can pull-downs be sustained below the ETH/USD market operations at the $1,500 level? Going by the current reading status outcome of the Stochastic Oscillators in the oversold region, it is technically unstable to project sustainable pull-downs below the $1,500 level as the ETH/USD market builds energy around the value line. Buying activity may have to be at this moment on a lighter mode. Investors have to hold their positions firmly, or they can add parts to their portfolio on either a short or medium-term basis to run over the trend lines of the SMAs before catching out afterward.On the downside of the technical analysis, the gravitational pressure to the downside of the $1,500 level has been less-active. And that could give in back to the moves in opposite in no time. Therefore, short-position placers have to take to trading principles of cautiousness at this point to avoid unnecessary bear traps. Sellers may need to wait for another round of the Stochastic Oscillators reading condition in an overbought region to re-consider the launching of a sell order. ETH/BTC Price Analysis Ethereum has run in a correction mode against Bitcoin to a support point around the bigger SMA’s trend line. In other words, the cryptocurrency pair price builds energy around the 50-day SMA indicator, which is underneath the 14-day SMA indicator. The Stochastic Oscillators are in the oversold region, maintaining the range values of 10.05 and 0.00. That situation portends the base crypto tends to stop debasing significantly against its counter-trading crypto in no time. Read more: How to buy Ethereum How to buy cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage