Ethereum Price Analysis Expected Scenario The Ethereum price managed to touch the $3,132.80 level and encountered strong resistance, indicating a potential return to the correctional bearish trajectory. However, technical indicators provide positive signals that might assist in surpassing the mentioned level and opening the way for further gains in the upcoming period. Therefore, the contradiction between technical factors makes it preferable to stay aside until clearer signals for the upcoming trend emerge. Breaking above $3,132.80 will lead the price towards $3,360.31 as the next positive target, while breaking below $3,028.00 will push the price to resume the bearish wave, with targets beginning at $2,905.30 and extending to $2,800.00 followed by $2,623.80. Expected Trading Range Between $2,960.00 support and $3,200.00 resistance.

Trend Forecast: Neutral