Ethereum (ETH) Price Analysis for November 27
Analysis
Price Impact
MedEthereum has experienced false breakouts of both local support ($2,988) and resistance ($3,063). if selling pressure continues, a correction towards the $2,900-$2,950 range is expected, with a potential midterm drop to $2,000-$2,500 if the $3,000 interim area is lost.
Trustworthiness
MedThe analysis is based on technical indicators and chart patterns, which are standard but inherently subject to market volatility and interpretation. the article includes a disclaimer.
Price Direction
BearishDespite a slight daily increase, the technical analysis indicates a potential downside. false breakouts suggest weakness, and the inability to hold key levels could lead to significant corrections to $2,900-$2,950 and possibly lower in the midterm.
Time Effect
ShortThe immediate outlook points to potential corrections 'soon' and 'this week' if current levels are not maintained. a longer-term drop to $2,000-$2,500 is mentioned for the 'midterm' if $3,000 is lost.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The rates of most of the coins are in the green zone today, according to CoinStats . Advertisement ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has gone up by 2.16% over the past day. Image by TradingView On the hourly chart, the rate of ETH has made a false breakout of the local support of $2,988. However, if the daily bar closes near that mark or even below it, traders may expect a test of the $2,950 zone soon. Image by TradingView On the longer time frame, the price of the main altcoin has made a false breakout of the $3,063 resistance. If sellers' pressure continues, there is a chance to see a correction to the $2,900-$2,950 range this week. Image by TradingView From the midterm point of view, the rate of ETH is far from key levels. In this regard, one should pay attention to the interim area of $3,000. You Might Also Like Wed, 11/26/2025 - 19:13 DOGE Price Analysis for November 26 By Denys Serhiichuk If buyers lose it, the next zone where a bounce back may happen is $2,000-$2,500. Ethereum is trading at $3,001 at press time. #Ethereum Price Prediction