Ethereum Price (ETHUSD) Analysis Expected Scenario The Ethereum price trades positively to test the key resistance at 3132.80$. The EMA50 meets this level to add more strength to it, waiting to resume the bearish wave. Targets begin by breaking 2905.30$ to confirm heading towards 2710.00$ as the next negative station. On the other hand, breaching 3132.80$ will push the price to start recovery attempts and build a bullish wave targeting testing 3360.31$ areas initially. Expected Trading Range Between 2970.00$ support and 3180.00$ resistance.

Trend Forecast: Bearish