Ethereum (ETHUSD) Price Breaks Support – Today's Forecast 12-18-2024

Ethereum (ETHUSD) price is trading with noticeable negativity to break $3875.00 and is heading towards achieving further expected decline during the upcoming sessions, targeting a visit to the $3680.00 level mainly.

Therefore, we expect to witness negative trading today, with the necessity of monitoring the price when it reaches the targeted level, as consolidation above it will lead the price to resume the main upward path again, while breaking it will pressure the price to make a downward correction and incur additional losses extending to $3425.50.

The expected trading range for today is between the support $3700.00 and the resistance $3960.00

Price forecast for today: Low $ETH