The Moon Show's call on ETH for October 23, 2026: where the author expects the price to go and which levels matter. Other bloggers' calls are added here during the day. This is the author's opinion, not investment advice.
Ethereum is in the process of displaying bearish divergence across a number of timeframes, which The Moon Show’s host interprets as a heightened chance for a correction in the near term.
In the analyst’s view, there are pronounced bearish divergences to be seen on the four-hour and daily charts for Ethereum and Solana, among dozens of other altcoins. Such a technical picture makes a correction all but inevitable; indeed, he would call Ethereum and some of its peers ‘dangerous’ over the short run.
That said, he has his eye on $2300 as a place to put in an order for Ethereum, a figure he has been careful to reiterate. He has already made a move at $2358 once the price came down and was encouraged by what the ComuCloud indicator was showing on the four-hour chart. For the most part, though, the plan is to let any additional weakness develop before accumulating, with $2300 being the target.
This article reflects the channel authors’ opinions and is not investment advice.
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