Ethereum price (ETHUSD) forecast update - 17-04-2024

Economies.com
2024-04-17 09:25AM UTC

Trend Forecast for Ethereum Price (ETHUSD)

Expected Scenario upon Attempting to Move Away from 3132.80$ Level

  • Ethereum price (ETHUSD) shows calm negative trades in attempt to move away from 3132.80$ level.
  • Stochastic negativity supports the bearish sentiment.
  • The bearish trend is suggested in the upcoming sessions conditioned by the price stability below 3360.31$.
  • Our next main target is located at 2905.28$.

Expected trading range for today: Between 2960.00$ support and 3190.00$ resistance

Trend forecast: Bearish

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