Ethereum price shows sideways trading since yesterday and settles around 270.00, and as long as the price is below 296.80, our bearish overview will remain valid for the upcoming period, supported by moving below the EMA50, reminding you that our first target is located at 255.90, which breaking it represents the key to rally towards 222.90 as a next main station.
The expected trading range for today is between 255.90 support and 280.00 resistance
The expected trend for today: Bearish