The price of ether has dropped to $2,300 after a recent surge. A short-term rising wedge is shown in the exact four-hour timeframe. This pattern is quite negative and frequently occurs during an uptrend. Before the trend lines connect, a breakout is likely, signaling the start of a downtrend. As volume increases, the price of Ether is expected to drop 13% to around $1,800. A bearish impulse from the Moving Average Convergence Divergence supports the upcoming downswing (MACD).