Ethereum (ETHUSD) rose in its last trading on the intraday levels, supported by the emergence of the positive signals on (RSI), and continued positive support due to its trading above EMA50, and under the domination of the bullish correctional trend on the short- term basis and its trading alongside the bias line.

This rise comes within the continuous attempts of the price to breach the key stubborn resistance level at $1,800, to settle above it now, but we need a strong close to confirm this breach.

Therefore, our expectations suggest more of the upside moves in the upcoming intraday trading, conditioned by the stability above $1,800, to target the next main resistance level at $1,900

The expected trading range is between $1,740 support and $1,850 resistance.

Todays forecast: Bullish

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