Ethereum Forecast: Potential Price Rise Ahead
As of now, the price of Ethereum is undergoing a downward correction following Bitcoin. It is currently testing the level of 30000. However, the price of this asset might eventually target the level of 2716, gain the required support, rebound, and rise. So, let’s observe what the next price movement of this asset might be.
The price of the American stock index S&P500 is trying to correct after a recent drop. It has already tested the maximum points around the level of 5265 and dropped. The asset’s price might approach the level of 4680 and potentially get the needed support.
The price of the currency pair USD/CAD is going up towards the level of 1.3900. This is a very important resistance level. The asset’s price might potentially rebound from this resistance and drop. Time will tell whether this scenario might work out.
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