Ethereum is ending the trading week with a correction at 2051. 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 2365. 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 695.
Ethereum Forecast ETHUSD February 16 – 20, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (February 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 2965 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 prices, with a potential target above 3855. A breakout of the support area and a close below 1695 would confirm a decline in Ethereum.
Ethereum Forecast ETHUSD February 16 – 20, 2026 suggests an attempt at a bullish correction and a test of the resistance area near 2365. From there, a downward rebound and continued decline below 695 should be expected. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of a decline in Ethereum. The decline scenario would be cancelled if the pair were to rise strongly and break above the 2965 area. In this case, we should expect continued growth with a target above the 3855 area.
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