The Ethereum rate has not yet come out of the flat.
Priority of the day: neutral position on ETHUSD.
The quotation of Ethereum is in lateral movement: $ 450 - $ 415. Logically, Ethereum rate should exit downwards, according to the trend, but we forecast the growth of Ethereum rate to $ 490. Since the situation is quite complex, other scenarios are possible.
Projected scenarios:
1. The ETHUSD rate will rise from $ 430 to $ 490.
2. The ETHUSD rate will drop from $ 430 to $ 390.
Alternative scenario:
Another day of flat for Ethereum is quite possible.
Priority of the day: neutral position on ETHUSD.
The quotation of Ethereum is in lateral movement: $ 450 - $ 415. Logically, Ethereum rate should exit downwards, according to the trend, but we forecast the growth of Ethereum rate to $ 490. Since the situation is quite complex, other scenarios are possible.
Projected scenarios:
1. The ETHUSD rate will rise from $ 430 to $ 490.
2. The ETHUSD rate will drop from $ 430 to $ 390.
Alternative scenario:
Another day of flat for Ethereum is quite possible.