ETH/USD quotes are trading at 3112 and continue to move within a declining channel. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken below the signal lines, indicating selling pressure and potential continued declines from current levels. Today’s Ethereum forecast anticipates an attempt at a bullish correction and a test of resistance near 3175. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 2765.
Ethereum Forecast and ETH/USD Analysis for November 19, 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 3445 would cancel the cryptocurrency’s downward scenario. This would indicate a breakout of the resistance area and continued growth in ETH/USD prices toward 4025. A breakout of the support area and consolidation below 2945 would confirm the asset’s downward trend.
Ethereum Forecast and ETHUSD Analysis for November 19, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 3175. From there, a rebound and continued growth in ETH/USD to below 2765 should be expected. A test of the trendline on the relative strength indicator (RSI) would also signal a downward trend for Ethereum. A breakout of the resistance area above 3445 would cancel the cryptocurrency’s downward scenario. This would indicate continued growth in the cryptocurrency with a potential target above 4025.
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