CoinWorld Daily Analysis: Ethereum ETH Price Forecast

CoinNetwork · 2026-03-21T07:01:57+00:00

The 4-hour candle chart shows a significant price increase, but trading volume has declined, indicating weakening upward momentum. Technical indicators display a bullish market, with both MACD and KDJ showing positive signals. Key buy and sell levels have been identified, with support at 2053.0 and resistance at 2340.0.

CoinNetwork

2026-03-21 07:01:57

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The 4-hour candlestick chart shows that the price has significantly increased compared to 16:00 on March 20, 2026, and has rebounded from March 19, 2026, 12:00. It broke through the high of 08:00 on March 20, 2026. The last candlestick is a small bearish candle, and the final candlestick is a bullish candle with the closing price higher than the opening price.

Current price and trading volume changes: Recent trading volume has decreased, lower than in previous hours. Price is rising while trading volume is declining, indicating weakening upward momentum.

Some technical indicators are as follows: Based on MACD analysis of the current market trend: Bullish market, MACD histogram: turning positive from negative, indicating bullish strength. KDJ indicator: No golden cross or death cross. According to KDJ, the neutral value is 23. MACD value is above the signal line, indicating short-term momentum is strengthening and an upward trend with a golden cross.

Price-volume divergence observed.

According to the 4-hour candlestick technical analysis from BOSS Wallet:

Buy Entry 1: 2038.91
Buy Entry 2: 2131.22
Long position stop-loss: 2108.22
Sell Entry 1: 2340.00
Sell Entry 2: 2362.62
Short position stop-loss: 2364.73

Recent support level: 2053.00
Recent resistance level: 2340.00
Recent high: 2352.97
Recent low: 2118.81

Analysis of ETH 4-hour candlestick chart: Based on the 4-hour candlestick technical indicators, BOSS Wallet analysis indicates:

Buy Entry 1: 2038.91
Buy Entry 2: 2131.22
Long position stop-loss: 2108.22
Sell Entry 1: 2340.00
Sell Entry 2: 2362.62
Short position stop-loss: 2364.73

Recent support level: 2053.00
Recent resistance level: 2340.00
Recent high: 2352.97
Recent low: 2118.81

ETH0.51%

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