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Ethereum (ETH) Price Analysis for September 6

Tue, 09/06/2022 - 15:52
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Denys Serhiichuk
Can Ethereum (ETH) get to the $1,700 mark this week?
Ethereum (ETH) Price Analysis for September 6
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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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Bulls are refusing to give up, according to the CoinMarketCap ranking.

Top coins by CoinMarketCap


Ethereum (ETH) is outperforming most of the other coins, adding roughly 4.38%.

ETH/USD chart by TradingView

Ethereum (ETH) is trying to test the resistance level at $1,678 once again after the false breakout of the support level at $1,639. If the price remains above $1,650, the rise may lead to a sharp rise to the $1,700 mark soon.

ETH/USD chart by TradingView

Ethereum (ETH) has started the day with the rise as the leading altcoin might have accumulated enough strength for growth.

DOGE and SHIB Price Analysis for September 4

If the volume remains at the same level or increases, bulls may keep the upward move to the area above $1,700 within days.

ETH/USD chart by TradingView

Ethereum (ETH) has bounced off the $1,600 zone which means that bulls are more powerful than bears at the moment. Respectively, the next level where sellers may come back to the game is the resistance at $1,721. All in all, the test of the $1,700 mark is just a matter of time.

Ethereum is trading at $1,665 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