Ethereum price’s recent trades are confined within symmetrical triangle pattern that its signs appear on the chart, which means that breaching 263.25 will form good positive motive that supports the expectations of continuing the overall bullish trend followed by opening the way to achieve our next waited target at 300.00.
Therefore, we will continue to suggest the bullish trend supported by the EMA50, unless breaking 225.00 level and holding below it again.
The expected trading range for today is between 230.00 support and 280.00 resistance
The expected trend for today: Bullish