Ethereum (ETHUSD) Price Analysis The Ethereum price (ETHUSD) fluctuates around the EMA50, awaiting negative momentum to assist in breaking 3132.80$ and confirming the continuation of the bearish correction on the intraday and short-term basis, targeting 2905.30$ mainly.

Therefore, the bearish trend scenario will remain valid for the upcoming period. It's worth noting that breaching 3360.30$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again.

Expected Trading Range Support: 3050.00$ Resistance: 3260.00$ Trend Forecast Bearish