Ethereum Price Prediction Update Today 10-18-2024 $ETH

Ethereum (ETHUSD) price is making a new test of the $2650.00 level, and the price needs to surpass this level to stimulate the continuation of the upward wave during the upcoming sessions, targeting the $2720.00 level as the next main station. The 50 moving average continues to support the expected upward trend, which will remain in place unless the $2515.00 level is broken and stabilized below it.

Expected trading range $2530.00 (support) - $2750.00 (resistance)

Trend forecast is up