Ethereum price succeeded to achieve our first waited target at 270.00 and settles around it, getting continuous positive support by the EMA50, while stochastic gains the positive momentum gradually.
Therefore, we believe that the chances are valid to continue the bullish trend in the upcoming sessions, which its next target located at 288.80, while holding above 240.47 represents key condition to achieve the waited targets.
The expected trading range for today is between 260.00 support and 290.00 resistance
The expected trend for today: Bullish