Ether price prediction
Ether turned down from the $2,738 resistance, indicating that the bears are vigorously defending the level.
The ETH/USDT pair could drop to the 20-day EMA ($2,388), which is a vital support to keep an eye on. If the price rebounds off the 20-day EMA with strength, the bulls will again try to clear the $2,738 hurdle. If they do that, the pair could soar to $3,000. There is resistance at $2,850, but it is likely to be crossed.
This positive view will be invalidated in the near term if the price continues to fall and breaks below the 20-day EMA. The pair could plunge to $2,323 and then to $2,111.