#ChristmasMarketAnalysis

Ethereum (ETHUSD) Price Starts Positively – Today's Forecast 12-23-2024

Ethereum (ETHUSD) price is showing noticeable positive trades now, heading towards a potential test of the pivotal resistance $3425.50, which represents the first protection factor for the expected negative scenario for the coming period, waiting to break the $3222.00 level to confirm opening the way for an additional bearish correction with its next target reaching $3017.30.

On the other hand, it should be noted that breaking the $3425.00 and then $3510.00 levels will stop the expected bearish trend and lead the price to try to regain the main bullish trend again, heading towards achieving gains that start by visiting the $3680.00 areas.

Expected trading range for today is between support $3200.00 and resistance $3540.00

Today's price forecast: Low $ETH