Ethereum is ending the trading week with a correction at 1980. 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 2345. 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 675.
Ethereum Forecast ETH/USD March 9 – 13, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (March 2 – 6, 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 2995 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 3635. 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 9 – 13, 2026 suggests an attempt to develop a bullish correction and test the resistance area near 2345. From there, a downward rebound and continued decline to below 675 should be expected. A test of the trendline on the relative strength indicator (RSI) would also signal a decline in Ethereum. A strong rally and a breakout of the 2995 area would cancel the downside scenario. In this case, we should expect continued growth with a target above the 3635 area.
