$ETH price prediction

Ether closed below the 20-day EMA ($2,580) on Saturday, but the bears could not extend the pullback to the 50-day SMA ($2,412).

The bulls have pushed the price above the 20-day EMA, indicating buying on dips. The ETH/USDT pair could rise to $2,738 and then to $2,879. Sellers will try to defend the overhead zone, but if the buyers bulldoze their way through, the pair could rally toward $3,153.

Conversely, if the price turns down sharply from the overhead resistance, the pair may remain inside the $2,879 to $2,323 range for a while. The short-term trend turns negative on a close below $2,323.

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