Top.Mail.Ru
empty
 
 
23.02.2026 03:40 PM
Trading Signals for Ethereum (ETH/USD) on February 23-25, 2026: sell below $2,000 (21 SMA - 2/8 Murray)

This image is no longer relevant

Ethereum (ETH/USD) is trading around $1,910, rebounding after reaching a low of $1,820 during the weekend session. Ethereum is rebounding above the 2/8 Murray and is likely to reach the 21 SMA located at $1,957.

Technically, it is likely that the ETH bearish cycle will resume in the coming days. Hence, the crypto could reach the bottom of the downtrend channel around $1,765.

In case of a sharp breakout of the downtrend channel and consolidation below the 2/8 Murray, we can expect ETH to fall to the 1/8 Murray around $1,562.

The key level of the 1/8 Murray could be the target for bears, and Ethereum is expected to reach this level in the coming days.

On the contrary, a consolidation above the downtrend channel and a consolidation above the psychological level of $2,000 could lead to a recovery in Ethereum, which could reach the 3/8 Murray around $2,187, the 200 EMA around $2,272, and finally, the 4/8 Murray around $2,500.

The Eagle indicator has reached oversold levels and is showing a positive signal. However, there is downward pressure, and Ethereum could resume its bearish cycle.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback