Ethereum concludes the trading week with a decline, remaining within a bearish channel. The ETH/USD exchange rate is currently positioned near the 2230 level. Moving averages indicate a bearish trend for ETH/USD. Prices have broken below the area between the signal lines, signaling mounting pressure from sellers and the potential for a continued decline from current levels. In the near term, we may see an attempt at a bullish corrective rebound, testing the resistance area near 2445. From there, a downward reversal is expected, leading to a further drop in Ethereum’s value, with a potential target below 1445 for the week.
Ethereum Forecast ETHUSD November 9 – 13, 2026
An additional signal supporting a decline in ETH/USD for the week of November 9–13, 2026, is a test of the downward trend line on the Relative Strength Index (RSI). A second signal would be a rebound from the upper boundary of the bearish channel. The bearish outlook for the week would be invalidated by a strong rally that breaks through the 2865 level; such a move would signify a breakout above the resistance zone and suggest further gains for ETH/USD, with a potential target above 3645. A confirmation of the decline in Ethereum would be a breakdown of the support area, with prices closing below 1905—a move that would signal a breach of the lower boundary of the bearish channel.
Ethereum Forecast ETHUSD November 9 – 13, 2026 suggests an attempt at a bullish correction, testing the resistance area near the 2445 level. From there, a downward rebound is expected, leading to a continued decline in the cryptocurrency toward the area below 1445. An additional signal supporting a drop in the Ethereum price is a test of the trend line on the Relative Strength Index (RSI). The bearish scenario would be invalidated by a strong rally and a breakout above the 2865 level; in that case, further upward movement toward a target above 3645 should be expected.
