An Expert Look at the Next Move for Ethereum (ETH/USDT)
Published: July 16, 2025
Senior Analyst: @CRYPTO SENIOR ANALYST
Ethereum (ETH) has made a sharp upward push, breaking significant resistance levels and signaling high trading interest, but traders are still left asking the big question โ will ETH continue to rise or is a correction coming?
Based on the recent candlestick formations, SuperTrend indicators, Stochastic RSI, and Pivot Points from Binance chart data, hereโs what you need to know:
๐ Technical Snapshot
๐ Current Price: $3,181.84
๐ 24H Change: +5.30%
๐ข SuperTrend (10,3): Bullish
๐ EMA 200: Sitting far below current price โ confirming uptrend
๐ต Stoch RSI (1D & 1H): Overbought zone nearing 100
๐ Resistance to Watch: $3,200, $3,300
๐ข Support Levels: $3,088 and $2,914
๐ Pivot R1: $3,170.79 | S1: $2,914.54
๐ง Key Observations
1. Live Candle Pattern (from your upload): Strong bullish engulfing candles in the 1-hour chart show buyer dominance.
2. Stoch RSI: At or near overbought levels in both 1D and 1H, suggesting a possible pullback or sideways action.
3. Extraordinary Indicator - SuperTrend: Flashes green and follows the rally with confirmation. This is often seen at the beginning of strong bullish waves.
๐ฎ Price Prediction (Next 2-3 Days)
Given the current momentum and indicators:
โ Bullish Bias: ETH likely to retest $3,200โ$3,250, possibly pushing to $3,300+ if volume sustains and BTC remains steady.
โ ๏ธ Bearish Risk: If rejected at resistance, it may retrace to $3,088 or $2,914 as a healthy correction.
๐ก Trading Strategy Ideas
โข Scalpers: Watch for bounce opportunities near $3,088 or breakout above $3,200.
โข Swing Traders: Consider entries after a pullback if Stoch RSI cools down.
โข Caution: Avoid FOMO buying at resistance. Set tight stop-losses.
๐ท Included Visuals
1. Cover Image: โETH Price Prediction โ Up or Down?โ (Clear trend analysis with arrows and candle structure)
2. Live Candle Pattern: Bullish engulfing trend (from Binance 1H chart)
3. Extraordinary Indicator: SuperTrend with EMA and Pivot Points overlay
#ethtrading #CryptoPrediction #EthereumAnalysis
