Ethereum Price Forecast:
The price of Ethereum jumped above the resistance of $2550 on May 13, but these high prices attract those who want to sell. The daily chart for Ethereum against the dollar.
The increased buying level on the Relative Strength Index (RSI) indicates that a correction or consolidation may occur in the near future.
If the price drops below $2550, the bears will try to strengthen their position by pushing the Ethereum/Dollar pair below $2400.
If they succeed in doing so, the pair may continue to drop to the 20-day average ($2147).
Conversely, if the price rebounds from $2550, it means that buyers are buying at any slight drop. This increases the likelihood that the price will rise again to $3000.
#Ethereum_Forecast_in_Egyptian
