Ethereum price begins today’s trading with slight bullish bias that hints heading to resume the expected bullish track on the intraday and short term basis, getting positive support by the EMA50, reinforcing the chances of continuing the positive scenario for today, which its next main target located at 288.80.
We should note that breaking 260.60 would put the price under intraday negative pressure that targets testing 240.47 areas before any new attempt to rise.
The expected trading range for today is between 260.00 support and 290.00 resistance
The expected trend for today: Bullish