Ethereum price (ETHUSD) Expected Scenario Ethereum price (ETHUSD) trades with clear positivity to breach 2905.30$ and attempts to hold above it, but it faces solid resistance formed by the EMA50 at 2990.00$, to keep the chances valid to resume the expected bearish trend for the upcoming period, and the price needs to break 2905.3$ to confirm heading towards 2800.00$ followed by 2623.80$ levels mainly. We should note that the continuation of the rise and breaching 2990.00$ will lead the price to achieve additional gains that reach 3132.80$. Expected Trading Range Between 2800.00$ support and 3050.00$ resistance.

Trend Forecast: Bearish