Ethereum and Platinum are on the Rise
The price of Ethereum is trying to undergo a correction, although its depth is not known yet. The asset’s price might potentially rebound to the broken level of 2716.50, pull back, and rise. So, let’s observe whether it is likely to happen.
The price of Brent oil rebounded from the resistance level of 84.00 and reversed to the south. The price of this asset is likely to drop and gain the required support at the level of 72.00, retest the broken downtrend, rebound, and jump. Now, the oil is moving in a large range between levels 72.00 and 84.00.
The price of Platinum rebounded from the broken downtrend and supporting level of 890 and formed a bullish engulfing at the end of the trading week. It might potentially rise and target the level of 990 today. Time will tell whether this scenario is going to work out.
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