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Ethereum Price Forecast Update – December 19, 2024

Ethereum (ETHUSD) is currently testing the $3,680 level, maintaining stability below this threshold, which supports the continuation of the bearish trend. As of now, the outlook remains negative, with the next target positioned at $3,425.50. A breach above $3,680, however, could signal the potential for a reversal and the possibility of a shift back to a bullish trend.

The anticipated trading range for today is between the $3,500 support level and the $3,790 resistance level.

Trend Outlook: Bearish

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