Ethereum Price Analysis (ETHUSD)
Expected Scenario
- Ethereum price (ETHUSD) settles around 3200.00$ level, waiting to get positive motive that assist to push the price to continue the rise on the intraday basis, as we are waiting to visit 3360.31$ as a next main target.
- Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, noting that breaking 3132.80$ will stop the bullish wave and push the price to decline again.
Expected Trading Range
Between the support at 3120.00$ and the resistance at 3300.00$
Trend Forecast: Bullish