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Most of the coins are again in the green zone after a slight drop, according to CoinStats.
ETH/USD
Ethereum (ETH) is one of the biggest gainers from the list today, rocketing by almost 7%.
On the hourly chart, the rate of ETH is far from support and resistance levels. As none of the sides is dominating, ongoing sideways trading around the current prices is the most likely scenario until tomorrow.
On the longer time frame, the price of the main altcoin is above the $3,230 level.
If buyers can hold the gained initiative, the upward move is likely to continue to the $3,500 area this week.
From the midterm point of view, the rate of ETH has broken the $3,223 level. If the situation does not change by the end of the week, the accumulated energy might be enough for further growth to the $3,500-$3,700 area.
Ethereum is trading at $3,336 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team