The current primary trend of Ethereum is upward. Ethereum is now stabilizing in a supportive zone following a recent price correction.
Anticipate an Ethereum price surge to approximately $2340, near the 0 Fibonacci resistance level, if bullish patterns emerge.
Conversely, if the present support area fails, a decline towards the bullish trend line is probable. Keep a close eye on Ethereum's price movements within this critical support zone for better insights.
This analysis is for guidance only and shouldn't be taken as direct trading advice.