Ethereum Price (ETHUSD) Analysis Expected Scenario Ethereum price (ETHUSD) settles below the EMA50 that continues to press negatively on the price, to approach the key support 2905.30$, noticing that stochastic overlaps negatively now, waiting to motivate the price to resume the expected bearish trend on the intraday and short-term basis, which its targets begin by breaking the mentioned support to open the way to head towards 2800.00$ followed by 2623.80$.

Holding below 2990.00$ represents the first condition to the continuation of the expected decline, as breaching it will push the price to test 3132.80$ areas before any new negative attempt.

Expected Trading Range Between the support at 2800.00$ and the resistance at 3050.00$

Trend Forecast: Bearish