Ethereum (ETHUSD) Price Analysis Expected Scenario Ethereum price (ETHUSD) continues to decline to reach the thresholds of the waited target at 3360.31$, expecting to break this level to open the way to achieve more decline and negative targets in the upcoming sessions, as the price is moving inside bearish channel that supports the chances of achieving the expected break followed by rallying towards 3132.80$ as a next negative target. Therefore, the bearish trend will remain dominant on the intraday and short-term basis, taking into consideration that failing to break 3360.31$ will lead the price to start recovery attempts that target testing 3546.00$ and might extend to 3641.82$ before any new attempt to decline. Expected Trading Range The expected trading range for today is between 3280.00$ support and 3530.00$ resistance.

Trend Forecast: Bearish