Ethereum price (ETHUSD) within tight range – Forecast today - 23-04-2024

Economies.com
2024-04-23 03:58AM UTC

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

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