Ethereum, which plays an important role for altcoins, is trading in a significant zone when we examine its current price. What are the important areas that Ethereum investors should pay attention to? Can ETH price continue to rise? We share the current ETH analysis with you.
Medium-Term Ethereum Price Analysis!
When we examine the price chart of Ethereum (ETH), it is moving close to the important resistance zone of $1860. The level that ETH investors should pay attention to in the coming days is the $1860 level.
If Ethereum makes daily candlestick closes above the $1860 level, its new target will be the $1911 level mentioned in the analysis.
If Ethereum continues to make daily candlestick closes above the $1911 level, it can rise up to the $2011 price level.
Short-Term ETH Price Analysis!
When we examine Ethereum’s short-term price chart, we see that it continues its horizontal trend movement.
If we see 4-hour candlestick closes above the $1830 level in the short time frame of ETH, it can continue its rise up to the $1860 and $1911 levels.
If the Ethereum price does not make daily candlestick closes above the $1860 level, it can realize the downward movement first to the $1744 level and then to the $1620 level.
The price zones mentioned in the analysis should be closely monitored.
