ETH USD Flirting With Potential Backside: Will November Print?

October was not mild to the crypto world as costs fell as an alternative of accelerating. Disagreeable shock for a lot of. Can we count on higher efficiency for November? Is ETH USD going to discover in direction of $10,000 as many are predicting? Historical past reveals that there’s all the time cash to be constructed from the markets. Let’s discover out what perception technical evaluation can present for the upcoming weeks.

Ethereum Change Provide on Binance Falls to Its Lowest Degree Since Final Might

“Total, present indicators mirror a transitional part within the Ethereum market, the place buyers seem like accumulating and holding.” – By @ArabxChain

Learn extra ⤵️ pic.twitter.com/vNLCJQyuIl

— CryptoQuant.com (@cryptoquant_com) November 11, 2025

Now, although the market is down (most probably due to the ETH ETFs’ promote stress), there may be loads of on-chain exercise and transaction quantity. That by itself is an efficient signal essentially. Some are even saying that whales are again and shopping for.

Ethereum
ETH

$3,475.29

1.33%

provide disappearing from exchanges, akin to Binance, is a prerequisite for sharp strikes. Earlier than shifting on, please learn the earlier ETH article right here.

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ETH USD Value Historical past Context And ETH BTC Outlook

(Supply – Tradingview, ETHBTC)

Allow us to start this evaluation with the Ethereum versus Bitcoin 3-month chart. What we will see right here is that clearly, when Ethereum has its run, it’s explosive and shorter than the drawdown durations. Not a whole lot of candles to go off of this 9-year-old chart. What’s optimistic right here is the bounce off of 0.01759 stage. It primarily created a morning star sample, which is a bullish signal and factors towards a possible reversal. That will imply that ETH shall be outperforming BTC – often known as Alt Season.

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(Supply – Tradingview, ETHUSD)

Subsequent, we’re wanting on the Weekly chart on the ETH USD pair. Value continues to be throughout the Help and 2021 Excessive, on its approach to fill that wick. Buying and selling above all shifting averages and resetting that RSI are each wholesome for the potential subsequent leg up. We do have an MSB since we’ve got a brand new Excessive after breaking the $4,000 key stage. It seems like a Greater Low is within the making.

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(Supply – Tradingview, ETHUSD)

Following the Weekly, now we check out the Day by day timeframe. With the ability to squeeze the entire transfer from $1,500 to virtually $5,000 speaks volumes by itself. A greater than 3x worth enhance in 4 months solely speaks of demand. RSI has been buying and selling on the backside half for over a month now, gathering power for a push. We’re under MA50 and MA100, however barely above MA200. Is $3,200 going to be the Greater Low, or do we’ve got one other drop forward?

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Ethereum Value Evaluation Conclusions

(Supply – Tradingview, ETHUSD)

So what can we make of all the knowledge to date? There are some backside indicators, however nothing is for certain till the construction turns bullish. And it’ll first flip bullish on decrease timeframes, such because the 4H. Due to this fact, we’re this chart final. Right here we’ve got a resistance at $3,650 that rejected our newest try to maneuver larger. The RSI goes again in direction of halfway and the MAs are on a downslope. Throughout an uptrend, the MAs are in incline with the white one on prime. That’s what we need to see finally. And that resistance reclaimed. For November to shut inexperienced, bulls have to act quickly. Till then, we’re solely catching knives.

Keep secure on the market!

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