Can ETH remain bullish after a few days of sharp rise? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
On the hourly chart, Ethereum is returning to the recently formed support level at $1,707. If buyers cannot stop bears' pressure, one can expect to see a drop to theOn the daily chart, Ethereum has made a false breakout of yesterday's peak at $1,745. However, the leading altcoin remains bullish while the price is above the $1,687 mark. Respectively, the more likely scenario is sideways trading between the aforementioned levels.
On the weekly time frame, Ethereum is trading near the level of $1,721. If buyers can hold the gained initiative and the situation does not change by the end of the week, the growth may continue to the $1,900-$2,000 area shortly.
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