Ethereum price (ETHUSD) needs strong positive motive – Forecast today - 24-04-2024

Economies.com
2024-04-25 03:55AM UTC

Ethereum Price (ETHUSD)

Expected Scenario

  • Ethereum price (ETHUSD) shows calm positive trades to move away from the 3200.00$ barrier gradually, reinforcing the expectations of continuing the bullish trend on the intraday basis, which targets testing 3360.31$ mainly.
  • The EMA50 supports the price from below to support the chances of achieving more rise in the upcoming sessions, noting that breaking 3132.80$ will put the price under the correctional bearish pressure again, to head towards visiting 2905.30$ areas mainly.

Expected Trading Range

The expected trading range for today is between 3150.00$ support and 3340.00$ resistance.

Trend Forecast: Bullish

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