Ethereum (ETH/USD) is making positive strides, attempting to break above $2,623.77 but facing significant resistance at this level. Technical indicators suggest potential declines in the short term.
The bullish trend remains intact as long as the price holds above $2,545.00. The primary targets are $2,775.00 and $2,905.30. However, a drop below $2,545.00 could reverse the trend, leading to declines towards $2,350.00 and $2,168.74.
Today’s expected trading range is $2,490.00 to $2,730.00.
Trend Forecast: Bullish
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