ETH/USD quotes are trading at 1966 and continue to move as part of a downward trend and the formation of a Triangle pattern. 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 the resistance level near 1985. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 1295.
Ethereum Forecast and ETH/USD Analysis for February 17, 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 Triangle pattern. A strong rise in Ethereum and a breakout of 2265 will cancel out the downward trend. This will indicate a breakout of the resistance area and continued growth in ETH/USD quotes toward 2775. A breakout of the support area and a consolidation below 1775 will confirm the asset’s decline, signaling a breakout of the lower boundary of the Triangle pattern and the beginning of the pattern’s implementation with targets below.
Ethereum Forecast and ETH/USD Analysis for February 17, 2026 suggests an attempt at a bullish correction and a test of the resistance area near 1985. From there, a rebound and continued decline in the ETH/USD cryptocurrency to below 1295 should be expected. A test of the trend line on the relative strength indicator (RSI) would be an additional signal for a decline in Ethereum. A break of the resistance area at 2265 would invalidate the downward trend, indicating continued upward movement with a potential target above 2775.
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