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Ethereum on its 4-hour chart is seen trying to test level 3503.45, which is confirmed by its price movement which is above its two moving averages, so if this level is successfully broken, there is an opportunity for Ethereum to continue its strengthening again to level 3561.60, but because of the appearance of Rising Wedge pattern means there is a possibility of further weakening, but as long as level 3360.27 cannot be broken downwards, the opportunity for Ethereum to strengthen is still open.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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