Is Ethereum Getting Ready for a Rise? Current ETH Analysis!

• Ethereum price remained strong compared to Bitcoin’s decline.
• ETH/BTC pair continues to rise.
• If Ethereum breaks the level of $1924, where will its target be?

What will be the future of Ethereum? What can Ethereum investors expect? Will Ethereum reach the level of $3000? Current ETH analysis!

Medium-Term ETH Price Analysis!

12 Hour ETH/USD Price Chart Source: TradingView

When we examine the medium-term ETH price chart, it can be seen that Ethereum price has experienced less decline than Bitcoin.

If the ETH price continues to make daily candlestick closes above the level of $1819, it can rise up to the level of $1923.

If the ETH price makes daily candlestick closes above the level of $1923, it can rise up to the level of $2042 in the first stage.

If Ethereum price makes daily candlestick closes below the level of $1819, its first target for decline can be the level of $1779.

Ethereum is Strong Against Bitcoin! (ETH/BTC)

12 Hour ETH/BTC Chart Source: TradingView

When we examine the ETH/BTC price chart, it can be seen that it has experienced a 2.50% higher increase against Bitcoin with yesterday’s upward movement.

If the ETH/BTC pair makes daily candlestick closes above the level of 0.066200 mentioned in the analysis, it can rise up to the level of 0.06781.

This kind of upward movement can lead to seeing the ETH price at the level of $1923 mentioned in the above chart.

If ETH/BTC makes daily candlestick closes above the mentioned resistance zone of 0.06781, it can rise up to the level of 0.070.

Is Ethereum Preparing for a Rise? Current ETH Analysis! news was first published on CoinOtag.