Ethereum price continues to fluctuate at the support line that we are waiting to break at 116.50, falling under the negative pressure formed by the EMA50, waiting to confirm rallying towards our next negative target at 100.00.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 137.24 level and holding above it.
Expected trading range for today is between 100.00 support and 130.00 resistance
Expected trend for today: Bearish