Archived edition from November 2, 2026. Latest version: Ethereum Price Analysis: ETH Levels, Funding and Outlook
Ethereum starts the week at $2,290, -1.51% over the past seven days and -14.80% over 30 days. Last week’s range ran from $2,174 to $2,392. ETH trades below its 20-, 50- and 200- day exponential moving averages, which keeps the trend structure defensive.
Summary
- Trend: Bearish (price vs. EMA 20 / 50 / 200)
- Momentum: daily RSI(14) at 37.1 — below the midline, pointing to soft momentum
- Volatility: average true range of $77.52 per day (3.39% of price)
- Support / resistance: $2,174 / $2,740 (30-day range)
Trend and moving averages
| Indicator | Level | ETH vs. level |
|---|---|---|
| EMA 20 (daily) | $2,363 | -3.09% |
| EMA 50 (daily) | $2,417 | -5.28% |
| EMA 200 (daily) | $2,317 | -1.18% |
The 20-day EMA is below the 50-day EMA, so short-term momentum is lagging the medium-term trend. Trading volume over the past week is -2% versus the 30-day average, roughly in line with normal activity.
Key levels to watch
| Level | Price | Distance |
|---|---|---|
| 90-day high | $2,808 | +22.63% |
| 30-day high (resistance) | $2,740 | +19.67% |
| Last week’s high | $2,392 | +4.47% |
| Last week’s low | $2,174 | -5.05% |
| 30-day low (support) | $2,174 | -5.05% |
| 90-day low | $1,854 | -19.03% |
Scenarios for the week
Upside: a daily close above last week’s high at $2,392 would put the 30-day high at $2,740 in focus.
Downside: losing last week’s low at $2,174 would expose the 90-day low around $1,854.
With a daily ATR of about $77.52, a stop placed one ATR away from entry is roughly 3.4% — use the position size calculator to size trades around that distance.
Derivatives
Perpetual funding for ETH is 0.0050% per 8 hours on OKX (longs paying shorts), with open interest of $1.51B. Funding is moderate, suggesting positioning is not stretched.
Recent Ethereum headlines
- Ethereum ETFs Log Their Worst Month for Flows Since 2024 Launch — Yahoo Finance
- XRP or Ethereum: Which Is the Smarter Buy for the Next 5 Years? — Yahoo Finance
- FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses — CoinDesk
Track ETH live on its price page and check this week’s macro events on the economic calendar.
This analysis is generated automatically from daily exchange data (Binance / OKX / Kraken) on November 2, 2026. Technical levels describe past price behaviour and are not a forecast or financial advice.
Questions traders ask
What is the Ethereum (ETH) outlook for Nov 2–8, 2026?
Trend: Bearish (price vs. EMA 20 / 50 / 200). Momentum: daily RSI(14) at 37.1, below the midline, pointing to soft momentum.
What are the key Ethereum support and resistance levels?
Support is at $2,174 and resistance at $2,740 (30-day range).
How volatile is Ethereum in the week of Nov 2–8, 2026?
Average true range of $77.52 per day (3.39% of price).
How often is the Ethereum analysis updated?
Every week. BProud publishes a new weekly outlook for Ethereum and the other major coins, with live prices on the coins page.
