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Ethereum price (ETHUSD) faces new negative pressure – Forecast today - 30-05-2024
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Ethereum price (ETHUSD) faces new negative pressure – Forecast today - 30-05-2024
May 29, 2024 9:51 PM

Ethereum Price Analysis Expected Scenario Ethereum price provided new negative trades yesterday to approach the EMA50, which continues to provide positive support to the price, noticing that stochastic shows clear oversold signals, waiting to motivate the price to rise again. Therefore, our bullish overview will remain valid for the upcoming period, waiting to visit $4,096.85 as the next main target, noting that breaking $3,727.00 will stop the expected rise and push the price to suffer additional losses and test $3,641.82 as the next negative station. Expected Trading Range Between $3,700.00 support and $3,900.00 resistance.

Trend Forecast: Bullish

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