ETH/USD quotes are trading at 3528 and continue to move within a developing bullish correction 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 the resistance level near 3645. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 3015.
Ethereum Forecast and ETH/USD Analysis for November 11, 2025
An additional signal favoring a decline in ETH/USD quotes 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 3985 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 4515. A breakout of the support area and a consolidation below 3265 will confirm the asset’s decline, signaling a breakout of the lower boundary of the bullish correction channel.
Ethereum Forecast and ETH/USD Analysis for November 11, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 3645. From there, a rebound and continued growth in the ETH/USD cryptocurrency to below 3015 should be expected. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of a decline in Ethereum. A break of the resistance area at 3985 would invalidate this downward scenario, indicating continued growth with a potential target above 4515.
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