26.03.202607:26 Forex Analysis & Reviews: Trading Signals for ETHEREUM (ETH) on March 26-28, 2026: sell below $2,187 (3/8 Murray- 200 EMA)

Relevance up to 01:00 UTC--4

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Ethereum (ETH/USD) is trading around $2,151, below the 3/8 Murray line, and pulling back after reaching the top of the downtrend channel. Ethereum faces resistance around $2,187, which has been exerting downward pressure since March 12.

ETH/USD is expected to continue falling in the coming hours until it reaches the 200 EMA around $2,138. This level is now acting as support for Ethereum, and we could expect a technical rebound if the price consolidates above this zone.

If ETH resumes its bullish cycle and consolidates above $2,150, we could expect a decisive breakout from the bearish trend channel and a consolidation above $2,187. Then, Ethereum could reach the resistance at $2,286 and ultimately its high of $2,370.

A drop below the 200 EMA and below the 21 SMA could accelerate Ethereum's downward movement, and we could expect it to reach the psychological level of $2,000 and potentially even hit the bottom of the downtrend channel around $1,940.

The Eagle indicator has reached oversold levels, so we expect that any pullback in the price of Ethereum could be viewed as a buying opportunity. A decisive break above $2,200 could be a buy signal with targets at the 4/8 Murray level around the psychological $2,500 mark.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.