- Ethereum rose to levels of $1827 today.
- Will Ethereum be able to break the $1875 level?
- Which levels should Ethereum investors follow?
Will Ethereum start its rise? Can Ethereum see levels of $2000 again? Current ETH analysis!
Medium-Term Ethereum Price Analysis!
12 Hour Ethereum Price Chart Source: TradingView
When we examine the Ethereum price chart, it continues to make daily candlestick closes above the important support level of $1762.
If the ETH price makes daily candlestick closes above the $1875 level mentioned in the analysis, the ETH price can realize the next upward movement to the levels of $1965.
Ethereum must first make daily candlestick closes above the $1875 level to rise to the levels of $1965.
If Ethereum cannot make daily candlestick closes above the $1875 resistance, it can realize the downward movement to the levels of $1686.
The probability of starting the upward trend increases as the ETH price stays above the $1762 level.