An upcoming rise is expected for Ethereum.

Ethereum has reached new demand areas.

It is located at the 2545 level, as we can see.

The currency has already begun to interact with the area and rise.

It has formed a strong engulfing pattern so far, which is a strong reversal pattern.

If today's candle closes as an engulfing candle and the close is near the high of the candle,

it is expected that the rise will continue to the targets shown on the chart.

Specifically, at the following levels: 2887, 3090, and 3247, respectively.

A buy signal will fail if the candle closes near the middle.

In addition, a full candle closes below the current demand areas.