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Ethereum Price (ETHUSD) Resumes Upside Momentum

Today, July 17, 2024 – Ethereum price (ETHUSD) continues to exhibit a bullish bias, affirming the continuation of its upward trend in the upcoming sessions, with a target set at $3641.82.

Support from the EMA50 below underscores the potential for further upward movement, maintaining the validity of the bullish wave scenario as long as Ethereum holds above $3360.31.

The expected trading range for today is anticipated between support at $3350.00 and resistance at $3600.00.

Trend Forecast: Bullish

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