Ethereum price shows sideways trading in the previous days, getting positive support by the EMA50, while stochastic shows clear oversold signals.
Therefore, these factors encourage us to continue suggesting the bullish trend on the intraday basis, which targets testing 565.54 level mainly, noting that breaking 465.00 will push the price to resume its main bearish track again.
Expected trading range for today is between 465.00 support and 565.00 resistance
Expected trend for today: Bullish