empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

07.05.202606:40 Forex Analysis & Reviews: Trading Signals for Ethereum (ETH) on May 7-9, 2026: buy if above $2,300 or sell below $2,375 (21 SMA - 3/8 Murray)

Rilevanza fino a 00:00 2026-05-21 UTC--4

Exchange Rates 07.05.2026 analysis

ETH is trading around $2,328, undergoing a sharp technical correction after reaching a high of around $2,421. This level was last seen on April 22, forming a double top pattern, which signals a technical reversal.

On the H4 chart, we can see that Ethereum has decisively broken the uptrend channel formed since April 28 and is expected to consolidate below the 3/8 Murray level around $2,375. It could continue falling in the coming days until it reaches the 200 EMA and even the 2/8 Murray level around $2,250.

If, in the coming hours, a pullback occurs toward the 21 SMA or the 3/8 Murray line, we could consider opening short positions provided the price consolidates below this zone around $2,375 and sell with targets at the 2/8 Murray line ($2,250); ultimately, we could expect the price to reach the psychological level of $2,000.

Conversely, if Ethereum consolidates above $2,375, we could view this as a positive signal, and it could reach the 4/8 Murray line around $2,500.

The Eagle indicator has reached overbought levels and is already giving a negative signal as the price consolidates below the double top pattern. Alternatively, if ETH reaches $2,400, we could consider taking short positions in the coming days.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.