The post Ethereum (ETH) Price Prediction for September 22 appeared on BitcoinEthereumNews.com. A new week has started with the fall of the market, according to CoinStats. ETH chart by CoinStats ETH/USD Ethereum (ETH) is one of the biggest losers today, falling by 6.51%. Image by TradingView Despite today’s drop, the leading altcoin keeps looking bearish on the hourly chart. If the daily bar closes near the support, there is a high chance of seeing a test of the $4,000 mark shortly. Image by TradingView On the longer time frame, the rate of ETH has almost tested the support level of $4,067.  You Might Also Like However, if a bounce back does not happen by the end of the day, traders may witness a breakout, followed by an ongoing drop to the $3,800 zone. Image by TradingView From the midterm point of view, the picture is similar. Thus, the volume is low, which means buyers are weaker than sellers at the moment. All in all, if the weekly candle closes around the current prices or below, one can expect a test of the $3,800 mark by the end of the month. Ethereum is trading at $4,169 at press time. Source: https://u.today/ethereum-eth-price-prediction-for-september-22The post Ethereum (ETH) Price Prediction for September 22 appeared on BitcoinEthereumNews.com. A new week has started with the fall of the market, according to CoinStats. ETH chart by CoinStats ETH/USD Ethereum (ETH) is one of the biggest losers today, falling by 6.51%. Image by TradingView Despite today’s drop, the leading altcoin keeps looking bearish on the hourly chart. If the daily bar closes near the support, there is a high chance of seeing a test of the $4,000 mark shortly. Image by TradingView On the longer time frame, the rate of ETH has almost tested the support level of $4,067.  You Might Also Like However, if a bounce back does not happen by the end of the day, traders may witness a breakout, followed by an ongoing drop to the $3,800 zone. Image by TradingView From the midterm point of view, the picture is similar. Thus, the volume is low, which means buyers are weaker than sellers at the moment. All in all, if the weekly candle closes around the current prices or below, one can expect a test of the $3,800 mark by the end of the month. Ethereum is trading at $4,169 at press time. Source: https://u.today/ethereum-eth-price-prediction-for-september-22

Ethereum (ETH) Price Prediction for September 22

A new week has started with the fall of the market, according to CoinStats.

ETH chart by CoinStats

ETH/USD

Ethereum (ETH) is one of the biggest losers today, falling by 6.51%.

Image by TradingView

Despite today’s drop, the leading altcoin keeps looking bearish on the hourly chart. If the daily bar closes near the support, there is a high chance of seeing a test of the $4,000 mark shortly.

Image by TradingView

On the longer time frame, the rate of ETH has almost tested the support level of $4,067. 

You Might Also Like

However, if a bounce back does not happen by the end of the day, traders may witness a breakout, followed by an ongoing drop to the $3,800 zone.

Image by TradingView

From the midterm point of view, the picture is similar. Thus, the volume is low, which means buyers are weaker than sellers at the moment. All in all, if the weekly candle closes around the current prices or below, one can expect a test of the $3,800 mark by the end of the month.

Ethereum is trading at $4,169 at press time.

Source: https://u.today/ethereum-eth-price-prediction-for-september-22

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Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
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