Ethereum Approaching This Major Support! What Now?

3:18 pm, Thu, 1 September 22

Current Ethereum Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
?
Ethereum Approaching This Major Support! What Now? Watch this key level in the 15 minutes timeframe.
Ethereum Approaching This Major Support! What Now? Watch this key level in the 15 minutes timeframe.

The Ethereum bears are fighting back aggressively to retain control of this market. This bearish push might see the ETH price crashing back down to a key level in the 15 minutes timeframe.

In this Ethereum analysis, we will be breaking down this bearish outlook in Ethereum as well as why the $1,448 support is very important.

To trade ETH with leverage, sign-up to Bybit right now! Bybit’s BIGGEST Bonus Campaign is now live! You can get up to a $4,450 Bonus and up to 30 days of 0% Maker fee when you sign-up and fund your Bybit account with our Bybit link

Claim up to $30,030 in Bonus

100x Leverage

Ethereum Major Support!

The Ethereum price is currently setting up for a potential bullish surge in the coming days. The key level we are currently watching is the $1,448 support region in the 15 minutes timeframe.

The last time the Ethereum price tried to break below that support, we saw massive rejections as the bulls rushed in to defend the level. The question now is, Can we expect a similar reaction from the bulls when the price gets back there?

Ethereum Approaching This Major Support! What Now? Watch this key level in the 15 minutes timeframe.
Ethereum Approaching This Major Support! What Now? Watch this key level in the 15 minutes timeframe.

Ethereum Bullish Bias

For the Ethereum bullish bias to be confirmed, we need to see the Ethereum price test and hold this $1,448 key support region in the 15 minutes timeframe.

If this level holds, there is a very high probability that we might see the bulls come back into the market to push prices higher.

So in the coming days, we will be keeping a close eye on this level to see how the ETH price will react.

Final Verdict!

The Ethereum price is setting up for a massive move in the coming days, this move could see us pushing to new highs in the coming days.

But for this bullish bias to be confirmed, the Ethereum price must respect and continue to trade above the $1,448 key support region in the 15 minutes timeframe.

Claim up to $30,030 in Bonus

100x Leverage

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:
★★★★★
★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 89%

Claim up to $4100 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 91%

Claim up to $7000 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.050%
Maker:
0.050%
Wire:
Credit:
Crypto: