ETH/USD quotes are trading at 3759 and continue to move as part of the downward trend and have exited the bullish correction 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 3835. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 3365.
Ethereum Forecast and ETH/USD Analysis for October 31, 2025
An additional signal favoring a decline in ETH/USD quotes will be a test of the broken trend line on the relative strength indicator. A second signal will be a rebound from the lower boundary of the bullish channel. A strong rise in Ethereum and a breakout of 4065 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 4505. A breakout of the resistance area and a close above 4145 will signal a breakout of the upper boundary of the downward correction channel.
Ethereum Forecast and ETH/USD Analysis for October 31, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 3825. From there, a rebound and continued growth in the ETH/USD cryptocurrency to below 4505 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 breakout of the resistance area at 3775 would invalidate this downward scenario, indicating continued growth with a potential target above 3465.
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