Ethereum is ending the trading week with a correction at 2087. Moving averages indicate a bearish trend for ETH/USD. Prices have broken below the area between the signal lines, indicating downward pressure from cryptocurrency sellers and a potential continuation of the decline from current levels. At this point, we should expect an attempt at a bullish price correction and a test of the resistance level near 2285. From here, we should expect another downward rebound and a continued decline in the exchange rate and the price of Ethereum, with a potential target below 1045.
Ethereum Forecast ETH/USD March 16 – 20, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (March 16-20, 2026) will be a test of the resistance line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the descending channel. A strong rally and a breakout of 2685 would cancel out the cryptocurrency’s downward price trend this trading week. This would indicate a breakout of the resistance area and continued growth in ETH/USD quotes, with a potential target above 3445. A breakout of the support area and a close below 1705 would confirm a decline in Ethereum, signaling a breakout of the lower boundary of the sideways range.
Ethereum Forecast ETH/USD March 16 – 20, 2026 suggests an attempt to develop a bullish correction and test the resistance area near 2285. From there, a downward rebound and continued decline to below 1045 should be expected. A test of the trendline on the relative strength indicator (RSI) would also signal a decline in Ethereum. The decline scenario would be cancelled if the pair rebounds strongly and breaks above the 2685 area. In this case, we should expect continued growth with a target above the 3445 area.
