ETH/USD quotes are trading at 2732 and continue to move within a strong decline and descending channel. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken below the signal lines, indicating selling pressure and potential continued decline from current levels. Today’s Ethereum forecast anticipates an attempt at a bullish correction and a test of resistance near the 2865 mark. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 1945.
Ethereum Forecast and ETH/USD Analysis for December 2, 2025
An additional signal of a decline in ETH/USD prices will be a test of the descending 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 3625 would cancel the cryptocurrency’s downside scenario. This would indicate a breakout of the resistance area and continued growth in ETH/USD quotes toward 4175. A breakout of the support area and consolidation below 2505 would confirm the asset’s price decline.
Ethereum Forecast and ETH/USD Analysis for December 2, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 2865. From there, a rebound and continued growth in ETH/USD to below 1945 should be expected. A test of the trendline on the relative strength indicator would also signal a decline in Ethereum. A breakout of the resistance area at 3625 would cancel the digital currency’s downside scenario. This would indicate continued growth in the digital currency with a potential target above 4175.
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