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Ethereum (ETH) Price Analysis for September 14

Wed, 09/14/2022 - 16:00
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Denys Serhiichuk
How great are chances of Ethereum (ETH) to return to bullish trend?
Ethereum (ETH) Price Analysis for September 14
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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The market is mostly located in the neutral zone after yesterday's drop, according to the CoinMarketCap ranking.

Top coins by CoinMarketCap


The price of Ethereum (ETH) is slightly rising, going up by 0.52% over the last 24 hours.

ETH/USD chart by TradingView

On the local chart, the situation is neither bullish nor bearish as none of the sides could seize the initiative. In this case, one should not expect any sharp moves by the end of the day.

ETH/USD chart by TradingView

On the bigger time frame, Ethereum (ETH) has made a false breakout of yesterday's low at $1,561. Until the rate is above it, buyers have a chance to bounce back. However, one should not expect any midterm bullish trend reversal, as the leading altcoin has not accumulated enough power for that.

ETH/USD chart by TradingView

On the weekly chart, the situation remains unclear as only a few days remain until Saturday, which means that there is still a chance to see some intraday moves to make a decision about further actions.

Ethereum is trading at $1,602 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