Ethereum price (ETHUSD) tests the resistance – Forecast today - 17-04-2024

Economies.com
2024-04-17 06:38AM UTC

Ethereum Price Analysis

  • Ethereum (ETHUSD) tests key resistance at $3132.80.
  • Price must remain below this level to validate bearish trend.
  • Breach of resistance may trigger recovery towards $3360.31.
  • Negative pressure from EMA50 supports bearish wave.
  • Next target: $2905.28.

Expected trading range today: $2960.00 - $3190.00.

Trend forecast: Bearish

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