Ethereum currency managed to reach the range of $ 4100 yesterday, according to surveys. The candle closed the day before, with full strength above $ 4,100. Today, Ethereum is up $ 4,241, just $ 130 from its all-time high.

The two downtrend lines that were broken upwards in the 4 hour period of the previous day, showed the high strength of buyers. And brought Ethereum to both $ 4,000 and $ 4,200 targets. Currently, Ethereum's next target range will be $ 4360 to 4384, which is the historical ceiling of Ethereum , and if it breaks, Ethereum will no longer have resistance in its past, and if the market continues to rise, it can easily Reach the canal ceiling of $ 4783 to $ 4900.

Of course, on a daily basis, Ethereum forms the Cup & Handle pattern and can grow up to $ 6,000 in the medium term.
Trend Analysis

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