Ethereum price traded with strong negativity yesterday to succeed surpassing 199.10 level and approaches our next waited target at 167.32, which supports the continuation of our bearish overview in the upcoming sessions, noting that breaking the last level will push the price towards 150.00 as a next station.
The EMA50 supports the expectations to decline, which its continuation conditions holding below 199.10.
Expected trading range for today is between 150.00 support and 199.00 resistance
Expected trend for today: Bearish