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Ethereum (ETH) Price Analysis for January 15

Sun, 01/15/2023 - 20:30
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Denys Serhiichuk
Does Ethereum (ETH) still have energy to rise?
Ethereum (ETH) Price Analysis for January 15
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The last day of the week is neutral for the cryptocurrency market, according to CoinMarketCap's ranking.

Top 10 coins by CoinMarketCap


The price of Ethereum (ETH) has fallen by 0.18% over the last 24 hours.

ETH/USD chart by TradingView

On the local time frame, Ethereum (ETH) is trading in a narrow range, accumulating power for the next move. A sharp rise or decline is unlikely as the price has passed most of its daily ATR.

ETH/USD chart by TradingView

On the daily chart, the rate is trading within yesterday's candle, which means that the coin has not decided which way to go yet. At the moment, one should pay attention to the $1,500 zone.

Bitcoin (BTC) Price Analysis for January 14

If buyers can hold that mark, the growth may continue.

ETH/USD chart by TradingView

On the bigger time frame, the price has failed to get to the resistance level of $1,662. However, if the bar closes with no long wicks, growth to the area of $1,700 may happen by the end of the month.

Ethereum is trading at $1,531 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at