Ethereum price (ETHUSD) shows positive trades to move away from 3132.80$ level and confirm starting intraday bullish wave, its next target located at 3360.31$, and we expect to witness more rise in the upcoming sessions supported by the technical indicators’ positivity.
Holding above 3132.80$ is important to the continuation of the expected rise, as breaking it will push the price to achieve additional bearish correction that its next target reaches 2905.30$.
The expected trading range for today is between 3120.00$ support and 3300.00$ resistance.
Trend forecast: Bullish