Ethereum price finds a good resistance that is forming by the broken support of the bullish channel that appears in the image, while it keeps moving above the EMA50, keeping the chances available for continuing achieving the intraday gains and visiting 222.92 level in the upcoming sessions.
Therefore, the positive scenario will remain preferred on the intraday basis unless breaking 189.90 level and holding with a daily close below it.
The expected trading range for today is between 190.00 support and 220.00 resistance
The expected trend for today: Bullish