$ETH

Ethereum (ETHUSD) Price is Trying Positively – Today's Forecast 01-28-2025

Ethereum (ETHUSD) price is showing new positive trades to test the $3222.00 level again, and is getting positive signals through the Stochastic indicator to support the chances of continuing the rise during the upcoming sessions, but we notice that the 50 moving average is forming negative pressure in front of the price, to face a conflict between technical factors that makes us prefer to remain neutral until we get a clearer signal for the next direction, by breaking the $3222.00 resistance or breaking the $3017.30 support.

We note that breaking the mentioned resistance will lead the price to achieve more gains and head towards $3425.50 as a main positive target, while breaking the support represents the key to incurring new losses of up to $2765.00.

Expected trading range for today is between support $3030.00 and resistance $3340.00

Today's price forecast: Neutral

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