#ETH🔥🔥🔥🔥 ETH Price Prediction: Crypto Bulls Remain Hesitant, Ethereum Price GainsEthereum price fell 0.6% in the past 24 hours and was trading at around $3,084 during European hours on Friday. Ethereum price is expected to rise by 7% amid market panicEthereum price action is below the 21-day, 50-day, and 200-day simple moving averages (SMAs), while the relative strength index (RSI) is at 39 and trending upwards. This shows that bullish momentum is building for the Ethereum asset. The RSI is also in line with the Chaikin Money Flow (CMF), which is at -0.05 and trending upwards. Both oscillators suggest that ETH price could rise further. Ethereum price prediction shows that the asset has a bullish trend as price action falls back into a descending channel. Resistance is near $3,300, and if it is breached, ETH price could surge to $3,950.

Consider buying when the price approaches $3,080, and set a stop loss below $3,030.

Target price

The short-term target price is in the $3,150-3,200 area. If it can break through $3,200, it can further look to $3,300.

Defensive strategy

If the price falls below $3,030, you should consider stopping the loss and exiting the market to prevent greater losses.

Watch the key resistance level

If the price breaks through the $3,300 resistance level, you can consider adding positions, with a target price of $3,950.

Get more real-time strategy information Follow the homepage to avoid getting lost