Ethereum Price (ETHUSD) Performance Analysis and Outlook for the Next Sessions Expected Scenario Expected decline towards testing 2905.30$ mainly Breaking this level will extend the bearish wave to reach 2800.00$ followed by 2623.80$ areas Ethereum price (ETHUSD) fluctuates with calm negativity to gradually crawl towards our waited negative target at 2905.30$, waiting for more decline in the upcoming sessions, noting that breaking this level will extend the bearish wave to reach 2800.00$ followed by 2623.80$ areas as next negative stations.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 3132.80$ and holding above it.
Expected Trading Range Support: 2900.00$ Resistance: 3100.00$ Trend Forecast: Bearish