📊 Ether (ETH) Price Analysis: Fluctuations Within a Wide Range 📈
The price of Ether (ETH) has been fluctuating between $2,850 and $4,094 for several days, showing no clear direction. 🤔
Bulls are trying to initiate a recovery from the uptrend line, but they face strong resistance at the 20-day EMA ($3,494). 📊
If the price sharply turns downward, the ETH/USDT pair could fall below the uptrend line and head towards the $3,000 to $2,850 zone. 📉
However, if buyers manage to push and maintain the price above the 20-day EMA, the pair could advance towards $4,094. 📈
What direction will the price of Ether take? Keep your eyes on the market! 👀