Ethereum price (ETHUSD) attempts positively – Forecast today - 22-04-2024

Ethereum Price Analysis (ETHUSD)

Expected Scenario

• Ethereum price (ETHUSD) started yesterday positively, moving above the 3132.80$ level, indicating an attempt to recover and achieve some intraday gains. However, it's advisable to stay aside until a clearer signal for the next trend emerges, monitoring the price according to the mentioned level now.
• Confirming the breach and consolidating above it will lead the price to build a bullish wave, with its first target located at 3360.31$. Conversely, trading below it represents the key to resuming the bearish correction, targeting 2905.30$ initially.

Expected Trading Range

Between the support at 3020.00$ and the resistance at 3240.00$