#XmasCryptoMiracles

Ethereum (ETHUSD) Price Retests Successfully – Today's Forecast 12-26-2024

Ethereum (ETHUSD) price trades rebounded downwards after retesting the previously broken neckline of the double top pattern shown in the chart above, moving below the $3425.50 level and reinforcing expectations of the continuation of the bearish corrective trend during the upcoming sessions, and the path is open to achieving the first target at $3222.00, noting that breaking it will push the price towards $3017.30 as a next negative station.

On the other hand, it should be noted that breaching the $3510.00 level will stop the bearish trend and push the price to build an upward wave whose targets begin by visiting the $3680.00 level.

Expected trading range for today is between support $3230.00 and resistance $3500.00

Today's price forecast: Low $ETH