ETH/USD quotes are trading at 2098 and continue to move as part of a correction and the formation of a “Wedge” pattern. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken above the signal lines, indicating buying pressure and potential continued price growth from current levels. Today’s Ethereum forecast anticipates an attempt at further growth and a test of the resistance level near 2145. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 1885.
Ethereum Forecast and ETH/USD Analysis for April 2, 2026
An additional signal favoring a decline in ETH/USD quotes will be a test of the bearish trendline on the relative strength indicator. A second signal will be a rebound from the upper boundary of the bearish channel. A strong rise in Ethereum and a breakout of 2305 will cancel out the cryptocurrency’s downward trend. This will indicate a breakout of the resistance area and continued growth in ETH/USD quotes toward 2685. A breakout of the support area and a consolidation below 2005 will confirm the asset’s price decline, signaling a breakout of the lower boundary of the Wedge reversal pattern and the beginning of the pattern’s implementation with targets below.
Ethereum Forecast and ETH/USD Analysis for April 2, 2026 suggests an attempt at a bullish correction and a test of the resistance area near 2145. From there, a rebound and continued decline in the ETH/USD cryptocurrency to below 1885 should be expected. A test of the trendline on the relative strength indicator (RSI) would be an additional signal for a decline in Ethereum. A break of the support area at 2305 would invalidate the downward trend, indicating continued upward movement with a potential target above 2685.
