Published: Nov 26, 2025 at 12:44
Updated: Nov 26, 2025 at 13:53
Ethereum’s price is falling below the moving average lines but has paused above the $2,600 support.
Ethereum price long-term analysis: bearish
Since October 7, Ether has declined from its previous high of $4,752.
Yesterday, Ether dropped to a low of $2,630 before rebounding. The cryptocurrency price has corrected upwards, although it is facing rejection near the $2,989 high. Ether has been forming a series of lower highs and lower lows as it continues to decline. On the downside, if the bears break below $2,600, selling pressure will resume. The altcoin could fall to lows of $2,400 and $2,100.
Furthermore, the price indication suggests that the cryptocurrency will continue to decrease. The largest altcoin is expected to fall below the 2.0 Fibonacci extension, or a low of $2,925.
Technical Indicators:
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Resistance Levels – $4,500 and $5,000 -
Support Levels – $3.000 and $2,500
Ethereum price indicator analysis
The 21-day and 50-day SMAs are both descending, and the price bars are also declining. The 21-day SMA acts as a resistance line to the price bars.
On the downside, Ether price bars remain above the downward-sloping moving average lines. The upward movement has stalled as Ether attempts to find support on the 4-hour chart.
What is the next direction for Ethereum?
Ethereum paused above the $2,600 mark on November 21. The bullish momentum broke above the moving average lines but was halted by resistance at $3,000. Ether is currently range-bound, trading above the $2,600 support but below the $3,300 high.
On the downside, selling pressure will resume if the bears break below the $2,600 support.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.