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Ethereum price (ETHUSD) loses momentum – Forecast today - 20-06-2024
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Ethereum price (ETHUSD) loses momentum – Forecast today - 20-06-2024
Jun 19, 2024 10:07 PM

Ethereum (ETHUSD) Price Analysis Expected Scenario Ethereum price (ETHUSD) fluctuates around the EMA50, with stochastic losing its positive momentum and beginning to overlap negatively now. Waiting to motivate the price to resume the expected bearish trend on the intraday basis, targeting the initial level at 3360.31$, with further downside towards 3132.80$ upon breaking. Holding below 3641.82$ is crucial for continuing the expected decline. Breaching it would suggest a return to the main bullish trend with targets at 3825.00$ and 4000.00$. Expected Trading Range Between 3400.00$ support and 3660.00$ resistance.

Trend Forecast: Overall bearish

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