Ethereum price shows negative trading now to start testing the neckline of the double top pattern that appears on the chart at 637.00, waiting to confirm the break to open the way to extend the bearish wave towards 475.00 as a next main station.
Therefore, the bearish trend will remain dominant on the intraday and short term basis conditioned by the price stability below 765.33.
Expected trading range for today is between 600.00 support and 680.00 resistance
Expected trend for today: Bearish