Ethereum Analysis ( tomorrow )
Ethereum is trading at $3,335, showing a minor decline of around 1.2% over the past day. The intraday high reached $3,391, while the low was $3,221.
Ethereum is currently approaching a significant resistance zone between $3,400 and $3,540. If it manages to break through this range, we could see price movements targeting $3,720 and possibly $4,097. These levels are crucial for Ethereum's short-term bullish outlook.
In the case of a downward move, the immediate support lies at $3,200. A further drop could push the price down to $3,000, which is a strong psychological and technical support level. RSI indicators suggest that Ethereum is neither overbought nor oversold, giving room for movement in either direction.
Overall, Ethereum is at a pivotal point. Traders should focus on price action around these key levels to anticipate its next major move..