Ethereum price (ETHUSD) fluctuates around the EMA50 that forms good resistance against the price, and stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 3222.00$ followed by 3017.304 as next main stations.

 

On the other hand, we should note that breaching 3510.00$ will push the price to build bullish wave that its targets begin by testing 3680.00$ areas.

 

The expected trading range for today is between 3240.00$ support and 3500.00$ resistance.

 

Trend forecast: Bearish