$ETH Ether price analysis.......📈📈📈
Ether has been oscillating between the 20-day EMA ($3,209) and the horizontal support of $3,056 for the past few days.
#ETH/USDT daily chart.
This tight range trading is unlikely to continue for long. If the price pierces the 20-day EMA, the ETH/USDT pair could rise to the 50-day SMA ($3,436). This level may act as a short-term barrier, but it is likely to be crossed. The pair may then jump to $3,679.
Conversely, if the price turns down and breaks below $3,056, it will suggest that the bears are in command. The pair may then retest the critical support at $2,852. A Break below this level may result in a decline to $2,700.
