Can ETH keep yesterday's rise? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Despite the fall, the price of Ethereum has made a false breakout of the support level at $1,317.10. However, the rise has been stopped at the local resistance level of $1,332.80.If the daily candle closes near that mark, the upward move might continue tomorrow.
On the daily time frame, Ethereum confirmed the test of the $1,350 level yesterday. At the moment, traders should pay attention to it, as its possible breakout might be the start of a midterm rise as enough energy has been accumulated for such a move. The volatility keeps declining on the chart against Bitcoin , as the price has not decided yet which way to go. The resistance at 0.076133 remains a level of great importance; however, buyers need more time to get stronger if they want to seize the initiative.
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