Will Ethereum Recover?

Will Ethereum Recover?

ETHUSD

When examining the 4-hour chart of ETHUSD, it is observed that price movements are continuing within a descending wedge pattern. Unless the level of 1863 is surpassed to the upside, it is evaluated that in the case of price movements below the level of 1798, there is a possibility of breaking below the level of 1716 and potentially retracing down to the level of 1619.

XLMUSDT

When examining the daily chart of XLMUSDT, it is observed that price movements are continuing within a descending wedge pattern. It is evaluated that in the case of price movements below the level of 0.0802, there is a possibility of retracing down to the level of 0.0420. However, in the event of price movements above the level of 0.0981, it is considered that the price may target the level of 0.1438.

HBARUSDT

When examining the daily chart of HBARUSDT, it is observed that price movements are continuing within a descending wedge pattern. It is evaluated that unless the level of 0.05040 is surpassed to the upside, there is a possibility of price retracement down to the level of 0.04054, breaking below 0.04414. This retracement could extend further towards the level of 0.03614.

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