Ethereum price (ETHUSD) shows new positive trades to test 3222.00$ level again, getting positive signals through stochastic to support the chances of continuing the rise in the upcoming sessions, but we notice that the EMA50 forms negative pressure against the price, to face contradiction between the technical indicators that makes us prefer to stay aside until we get clearer signal for the next trend, through breaching 3222.00$ resistance or breaking 3017.30$ support.

 

Note that breaching the mentioned resistance will lead the price to achieve more gains and head towards 3425.50$ as a main positive target, while breaking the support represents the key to suffer new losses that reach 2765.00$.

 

The expected trading range for today is between 3030.00$ support and 3340.00$ resistance.

 

Trend forecast: Neutral