Ethereum (ETH) is currently trading at a price of $3,621.07 with a change of 4.60% in the last 24 hours. The highest price of ETH in the last month is $3,673.84. Based on technical analysis, ETH has the potential to surpass this month's highest price as several indicators show a bullish trend.
*Bullish Indicators:*
- *RSI*: The current RSI reading shows a bullish trend with a value of 52.36, indicating that ETH still has room to grow.
- *MACD*: The MACD line is above the signal line, indicating that the upward trend is still dominant.
- *Ascending Broadening Wedge Pattern*: This pattern suggests a local price target around $3,750, which is the highest level reached by Ethereum this year.
Prepare your strategy, my friend, tomorrow will surely be higher.
