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Ethereum price (ETHUSD) forecast update - 14-05-2024
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Ethereum price (ETHUSD) forecast update - 14-05-2024
May 14, 2024 3:35 AM

Ethereum Price Analysis (ETHUSD) Expected Scenario Ethereum price (ETHUSD) begins to press on the 2905.30$ support line and attempts to confirm breaking it, reinforcing the expectations of continuing the bearish trend for the rest of the day. This paves the way to achieve our new negative targets that start at 2800.00$ and extend to 2623.80$. Holding below 2990.00$ represents the first condition to continue the expected bearish trend. Expected Trading Range Between the support at 2800.00$ and the resistance at 3050.00$.

Trend Forecast: Bearish

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