Ethereum price (ETHUSD) continues to rise to test the EMA50, and as long as the price is below 3132.80$, our bearish overview will remain valid for the upcoming period, supported by stochastic negativity, reminding you that our targets begin by breaking 2905.30$ to open the way to head towards 2800.00$ followed by 2625.00$ levels as next negative stations.

The expected trading range for today is between 2880.00$ support and 3130.00$ resistance.

Trend forecast: Bearish