Ethereum (ETHUSD) Price Breaks Support – Today's Forecast 10-10-2024 $ETH

Ethereum (ETHUSD) price achieved a strong break of the $2440.00 level to turn to decline in the immediate term, on its way to achieving negative targets starting at $2305.00 and extending to $2235.00 as the next negative stations.

Moving below the 50 moving average supports the expectations of a decline, while breaching $2445.00 will stop the suggested downtrend and lead the price to start new recovery attempts, targeting the $2570.00 and then $2623.77 areas in the near term.

The expected trading range for today is between the $2270.00 support and the $2510.00 resistance

Price forecast for today: Low