Ethereum Price Analysis

Ethereum is still trading in a very narrow range, and although it got close to testing the 0,03599 resistance again, the coin remains on a neutral short-term signal, while being relatively weak from a long-term perspective.

ETH is below the declining short-term trendline, but clearly above the primary support zone near 0,03063. Further support is still found near 0,02756 and 0,02449 , while resistance is ahead at 0,03980 and in the 0,04210-0,04286 zone, with the broader declining trendlines converging near 0,04133 too.