What's Next for ETH? Ether’s price bounced off the resistance line of the symmetrical triangle pattern on October 30 and fell below the 50-day SMA ($2,523) on November 1.

The ETH/USD pair is finding support near the uptrend line. If the price rises above the 20-day EMA ($2,558), the pair could move toward the resistance line. Buyers will need to clear the $2,850 barrier to signal a potential trend reversal.

On the other hand, sellers will need to push the price below the uptrend line to show strength. If that happens, the pair could drop to the support line, where bulls are expected to strongly defend the $2,111 to $2,200 zone.

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