The Ethereum price (ETHUSD) has reached $3360.31 and is making efforts to breach this level, aiming for further upward movement to target $3490.00.
As a result, we maintain our bullish outlook for the upcoming period. It’s crucial to note that consolidating around $3360.31 could impede further upward momentum and potentially lead to a reversal in price direction.
Today’s expected trading range is anticipated between support at $3200.00 and resistance at $3480.00.
Trend Forecast: Bullish
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