Ethereum price analysis: ETH/USD stays above 100 SMA on Monday 15

There was a brief surge on Monday but the upside has been capped at $170.00.
Ethereum to trend sideways within the range between $160 and $170.

John Isige FXStreet

Ethereum kicked off the new week with a bullish move. The correction comes after a weekend of calm across the entire market. The support established at $160 has been instrumental in ensuring that the price does not slide further. The hurdle at $165 capped the correction in the last weekend’s session.

However, on breaking path both the 50 simple moving average (SMA) 1-hour and the 100 SMA 1-hour woke up the sleeping bulls. There was a brief surge on Monday but the upside has been capped at $170.00. ETH/USD is trending lower below the trendline resistance at $170.00 and the range limit at $170.00.

According to the applied technical indicators, ETH/USD is likely to stay within the range at $160 and $170.00. The relative strength index (RSI) has retracted from the oversold and is now horizontal at 60.00. Similarly, the moving average convergence divergence (MACD) 1-hour at +1.08 has started to slope downwards to show that the bulls are currently losing steam. In terms of support, both the 50 SMA and the 100 SMA at $165 will hold in the short-term. The range support at $160 and the $155 are positioned to prevent declines in the event of extended declines.

ETH/USD 1-hour

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.