Ethereum price resumes its negative trading affected by stochastic negativity, keeping the bearish trend scenario active for the rest of the day, reminding you that our next target at 712.00.
Holding below 875.00 is important for the continuation of the expected decline, where breaching it will lead the price to rally to 958.16 and it might extend to 1068.17 on the near term basis.
Expected trading range for today is between 712.00 support and 900.00 resistance
Expected trend for today: Bearish