Ethereum (ETHUSD) Price Analysis
Expected Scenario
- The Ethereum price remained relatively stable around 3132.80$, showing no significant movement.
- Neutrality is advised until a clearer signal for the next trend emerges.
- Breaking the mentioned level may exert new negative pressure, targeting a visit to the 61.8% Fibonacci correction level at 2905.30$.
- Holding above this level may lead to attempts to build a bullish wave, targeting the initial testing of the 3360.31$ level.
Expected Trading Range
Between the support at 3030.00$ and the resistance at 3250.00$.
Trend Forecast: Neutral