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Ethereum price (ETHUSD) attempts to recover – Forecast today - 19-06-2024
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Ethereum price (ETHUSD) attempts to recover – Forecast today - 19-06-2024
Jun 18, 2024 10:06 PM

Ethereum Price Analysis (ETHUSD) Expected Scenario Ethereum price (ETHUSD) found solid support at the 3360.31$ level, rebounding clearly from todays open to potentially test the key resistance at 3641.82$. If the price remains below this resistance level, the overall negative scenario will persist. The downside targets start with breaking the mentioned support, aiming towards 3132.80$. Stochastic Indicator Stochastic loses its positive momentum clearly, supporting the likelihood of resuming the expected bearish trend.

Expected Trading Range for Today Between the support at 3360.00$ and the resistance at 3660.00$.

Trend Forecast: Overall Bearish

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