Ethereum (ETHUSD) Price Analysis
Expected Scenario
The Ethereum (ETHUSD) price continues to hover around $3360.31, maintaining stability above this level. Recent positive signals from stochastic indicators suggest a potential resumption of the bullish trend. The price is anticipated to target $3493.00 initially, with further potential to rally towards $3641.82 as the next target.
A break below $3360.31 would disrupt the bullish momentum and could expose the price to correctional bearish pressure once again.
Expected Trading Range
- Support: $3280.00
- Resistance: $3530.00
Trend Forecast: Bullish
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