Ethereum price (ETHUSD) forecast update - 30-04-2024
Economies.com
2024-04-30 09:24AM UTC
Ethereum Price (ETHUSD) Analysis
Expected Scenario
- Ethereum price (ETHUSD) fluctuates around the EMA50, waiting to get negative motive that assists to push the price to break 3132.80$ and confirm the continuation of the bearish correction on the intraday and short-term basis.
- This correction targets 2905.30$ mainly.
- The bearish trend scenario will remain valid for the upcoming period, noting that breaching 3360.30$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again.
Expected Trading Range
Between the support at 3000.00$ and the resistance at 3150.00$.
Trend Forecast: Bearish
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