Ethereum price continues to fluctuate around the bearish channel’s resistance, while the EMA50 keeps protecting trading inside this channel, to keep the bearish trend scenario active in the upcoming period, supported by stochastic negativity, reminding you that our main waited target is located at 358.00, while holding below 490.00 represents key condition to continue the expected decline.
Expected trading range for today is between 380.00 support and 490.00 resistance
Expected trend for today: Bearish