Most of the coins have returned to the green zone on the last day of the week, according to CoinMarketCap.

Top coins by CoinMarketCap

ETH/USD

The rate of Ethereum (ETH) has risen by 5.41% since yesterday. Over the last week, the price has risen by 24.77%.

Article image
Image by TradingView

On the hourly chart, the price of ETH is near the local resistance of $3,766. As most of the daily ATR has been passed, traders are unlikely to witness increased volatility by tomorrow.

Article imageArticle image
Image by TradingView

On the bigger time frame, bulls keep controlling the situation on the market.

You Might Also Like

Title newsTitle news

If the candle closes around the current prices, there is a chance of a test of the $3,800 zone shortly.

Article imageArticle image
Image by TradingView

From the midterm point of view, there are also no reversal signals so far. The volume remains high, which means ongoing growth remains the more likely scenario until the end of the month.

Ethereum is trading at $3,744 at press time.

Source link





News Source link