According to Coinstats, bulls are stronger than today’s bears.
ETH/USD
Ethereum (ETH) share has risen 3.62% since yesterday.
On the hourly chart, the price of the main altcoin is close to a local resistance of $2,837. From that mark’s perspective, we need to focus on the daily bar closure.
If that happens around it, the upward movement could lead to testing the $2,900 zone.
In the daily time frame, ETH speeds have broken $2,788 resistance. If the Bulls are able to hold on to the initiative they acquired, the upward movement could continue in the $2,900 range.
From a medium-term perspective, the photos are also bullish. If the weekly bar closes above the current price, you may be able to witness a test of the $3,000 important mark.
Ethereum trades at $2,838 at press time.
