What Can Ethereum Investors Expect in the Coming Hours?

• Ethereum has experienced a drop of more than 8% in the last 4 hours.
• What can Ethereum investors expect after the drop?
• Will Ethereum be able to continue its rise?

ETH’s critical support and resistance levels! Will ETH continue to rise? Current ETH analysis!

Short-Term Ethereum Analysis!

Short-Term ETH Price Chart Source: TradingView

Ethereum experienced a drop of 8%, falling to the level of 1784$. At the time of writing, the current price of ETH was trading at 1855 dollars.

When we observe the short-term movement structure of ETH, we see that it experienced a rise of more than 4% with strong purchases at the level of 1784$ in the hourly candle structure.