Forecast update for Ethereum -11-08-2026-September 2024-www.financetom.com

Forecast update for Ethereum -11-08-2026

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Forecast update for Ethereum -11-08-2026

Aug 11, 2026 6:46 AM

(ETHUSD) rose during its recent intraday trading, attempting to recover part of its previous losses while also easing some of its clearly oversold conditions on the relative strength indicators, to reach EMA50s resistance, which threatens these gains with a potential bearish reversal in the near term, particularly as the price was previously affected by a break below a major short-term bullish trend line.

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