Ethereum price continues to fluctuate at the bearish channel’s resistance and keeps its stability below it, noticing that Stochastic loses its positive momentum to reach the overbought areas, which forms negative motive that we expect to push the price to resume the expected bearish trend for the upcoming period, which targets 167.32 level mainly, reminding you that holding below 218.77 represents key condition to continue the suggested negative scenario.
Expected trading range for today is between 170.00 support and 234.00 resistance
Expected trend for today: Bearish