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Ethereum price (ETHUSD) forecast update - 06-05-2024
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Ethereum price (ETHUSD) forecast update - 06-05-2024
May 6, 2024 5:28 AM

Ethereum Price Analysis (ETHUSD) Ethereum price (ETHUSD) traded positively to attack the 3132.80$ level. However, it declines again to attempt to trade below it, keeping the bearish trend scenario valid for today. This bearish scenario is supported by stochastic negativity. Waiting for the price to visit 2905.30$ as the next main target. Continuation of the bearish wave requires holding below 3132.80$. Expected Trading Range for Today: Support: 3000.00$ Resistance: 3220.00$ Trend Forecast: Bearish

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