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From what is seen on the daily chart, the Ethereum cryptocurrency, although it appears to be weakening, this weakening seems to be just a correction, especially if it does not breaks and close below the level of 3084.30, which is confirmed by the formation of the Descending Broadening Wedge pattern and the appearance of hidden deviations between the movement of the Ethereum price and the Stochastic Oscillator indicator so that in the next few days Ethereum will potentially move up where the level of 3521.40 will be tested if it is successfully broken and closes above it, then Ethereum will continue its strengthening to the level of 3726.08 as its main target and 3870.68 as the next target if the momentum and volatility support it.
(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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