$ETH This 4-hour chart for Ethereum (ETH/USD) on Coinbase shows price action within a rising wedge pattern, indicated by the two converging orange trendlines.
The current ETH price is around $2,622, trading just above the 20-period and 9-period DEMA (Double Exponential Moving Average), suggesting short-term bullish momentum. Key resistance levels are marked at $2,674.64, $2,730.80, and $2,747.59, while support lies near $2,589 and the lower trendline. Volume shows moderate activity, with recent uptick aligning with the latest upward price movement. The market is testing critical resistance zones within the wedge.
