Ethereum is ending the trading week with a correction at 2306. Moving averages indicate a bearish trend for ETH/USD. Prices are again testing the area between the signal lines, indicating growing selling pressure 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 2485. 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 1145 as part of the weekly price forecast.
Ethereum Forecast ETH/USD May 11 – 15, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (May 11-15, 2026) will be a test of the resistance line on the relative strength indicator (RSI). The second signal will be a rebound from the lower boundary of the bullish channel. A strong rally and a breakout of 2985 would cancel out the cryptocurrency’s downward 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 3675. A breakout of the support area and a close below 1945 would confirm a decline in Ethereum, signaling a breakout of the lower boundary of the bullish correction channel.
Ethereum Forecast ETH/USD May 11 – 15, 2026 suggests an attempt to develop a bullish correction and test the resistance area near 2485. From there, a downward rebound and continued decline to below 1145 should be expected. A test of the trend line on the relative strength indicator (RSI) would be an additional signal of a decline in Ethereum. A strong rally and a breakout of the 2985 area would cancel the downside scenario. In this case, we should expect continued growth with a target above the 3675 area.
