Ethereum (ETHUSD) price trading stabilizes around the 1550.00 level, awaiting a new negative stimulus that will contribute to pushing the price to resume negative trading to head towards our main expected target at 1479.00.
Therefore, our expectations for the downward trend are still valid and effective, supported by the moving average 50, which is putting negative pressure on the price, recalling the importance of stability below 1605.10 for the expected decline to continue.
The expected trading range for today is between support 1490.00 and resistance 1600.00
Therefore, our expectations for the downward trend are still valid and effective, supported by the moving average 50, which is putting negative pressure on the price, recalling the importance of stability below 1605.10 for the expected decline to continue.
The expected trading range for today is between support 1490.00 and resistance 1600.00