Analysis of Ethereum currency and expected new buying areas

A Strong New Opportunity to Buy Ethereum

 

It appears that Ethereum is still expected to continue its upward trend

in the long term, especially after recent news that supports

a strong upward trend in the coming period.

 This also aligns with the technical outlook.

Ethereum is moving in a strong upward trend.

Expectations still indicate a continued upward trend, and therefore,

 it is recommended to focus on searching for buys of the digital currency.

Currently, the best buying areas are the new demand areas

which have recently formed and are located at the $3,748 level.

A rise is expected from the areas designated for the new targets

identified on the chart, which are located at the $4,033 and $4,400 levels.

 

The analysis fails to break the new demand areas and close below them

with a full-day candle, specifically a close below the $3,542 level.