Ethereum Forecast: Potential Price Rise Ahead

The price of Ethereum is hitting the yearly maximum points again. The asset’s price might potentially rebound to the broken psychological level of 3000 and rise. Hence, it would be important to follow the candlestick formations to forecast the upcoming price movements.The price of gold rebounded from the broken downtrend and supporting zone and jumped. It might face very strong resistance at the level of 2152.00 soon. The price of this asset might potentially rebound from this resistance, as gold is less likely to break through right away.Currently, oil is trying to retest the resistance level of 84.00, but to no avail. Hence, the price of this asset might rebound and drop. Should oil manage to break this resistance, it could potentially rise. So, let’s observe what is going to happen next.