The Ethereum price (ETH/USD) remains volatile, moving between key levels with $2,905.30 as support and $3,132.80 as resistance. This ongoing fluctuation maintains our neutral stance at present, awaiting a clear breakout above or below these levels to determine the next price targets.
A breach above the resistance at $3,132.80 could lead Ethereum to test levels around $3,360.31. Conversely, breaking below the support at $2,905.30 would signal a potential resumption of the bearish trend, targeting around $2,623.80.
Today’s expected trading range is between the support level of $2,900.00 and the resistance level of $3,200.00.
Trend forecast: Neutral
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