The last day of the week is likely to end bullish for the cryptocurrency market as most of the coins remain in the žalioji zona.
ETH / USD
The rate of Ethereum (ETH) has risen by 0.81% since yesterday. However, over the last week the price has dropped by 18.81%.
On the local chart, Ethereum (ETH) has bounced off the hourly support level at $1,423, which shows buyers’ power. If the correction continues, one can expect a test of resistance at 1,460 USD netrukus.
On the daily chart, the rate of Ethereum (ETH) has bounced off the support level at $1,422 again. However, one needs to pay close attention to the close of the day. If the body of the bar closes near the $1,420 mark, there is a high chance to see a sharp decline to the $1,400 zone.
From the midterm point of view, the situation is more bearish than bullish as the weekly candle is about to close near the $1,422 mark. If buyers cannot seize the initiative, traders might see a further drop of Ethereum (ETH) to another vital point at $1,356 soon.
Spaudos metu „Ethereum“ prekiauja 1,436 XNUMX USD.
Šaltinis: https://u.today/ethereum-eth-price-analysis-for-september-18