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Ethereum price (ETHUSD) awaits more rise – Forecast today - 29-05-2024
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Ethereum price (ETHUSD) awaits more rise – Forecast today - 29-05-2024
May 28, 2024 9:49 PM

Ethereum (ETHUSD) Price Analysis Expected Scenario Ethereum price (ETHUSD) faced temporary negative pressure yesterday to test the minor support 3785.00$, and rises again to settle above 3800.00$ barrier, to keep the bullish trend scenario active for the upcoming period, supported by stochastic current positivity, reminding you that our next main target reaches 4096.85$. The EMA50 continues to support the suggested bullish wave, noting that breaking 3785.00$ will push the price to test the most important support to the short-term trades at 3641.82$ before turning back to rise again. Expected Trading Range Between 3730.00$ support and 3980.00$ resistance.

Trend Forecast: Bullish

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