Ethereum price (ETHUSD) awaits confirmation signal – Forecast today - 26-04-2024

Ethereum (ETHUSD) Price Analysis

Expected Scenario

• The Ethereum price remained relatively stable around 3132.80$, showing no significant movement.
• Neutrality is advised until a clearer signal for the next trend emerges.
• Breaking the mentioned level may exert new negative pressure, targeting a visit to the 61.8% Fibonacci correction level at 2905.30$.
• Holding above this level may lead to attempts to build a bullish wave, targeting the initial testing of the 3360.31$ level.

Expected Trading Range

Between the support at 3030.00$ and the resistance at 3250.00$.