Ethereum (ETH/USD) has successfully reached our target of $2,623.77 and begins the day with a strong bullish rally, confirming the potential for further upward movement. The next targets are set at $2,775.00 and $2,905.28.
We anticipate continued gains in the upcoming sessions, bolstered by positive momentum from key indicators. However, it’s important to note that failing to maintain consolidation above $2,623.77 could reverse the bullish trend and lead to a decline.
The expected trading range for today is between $2,570.00 support and $2,800.00 resistance.
Trend Forecast: Bullish
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