Ethereum (ETHUSD) price achieves the target – Today's forecast 09-01-2025

Ethereum (ETHUSD) price provided temporary positive trades after touching the expected negative target at $3222.00, to fluctuate around $3320.00, and we notice that the Stochastic indicator is approaching the overbought areas to provide a negative incentive that we expect to push the price to resume the downward corrective wave, noting that breaking the mentioned level will push the price towards $3017.30 as the next main target.

Therefore, we continue to favor the downward trend for the coming period unless the $3425.50 level is breached and stabilized with a daily closing above it.

The expected trading range for today is between the support $3180.00 and the resistance $3440.00

Price forecast for today: Low $ETH