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Bulls are trying to keep the rates of the coins in the green zone, however, there are some exceptions from the rule, according to CoinMarketCap.
ETH/USD
The price of Ethereum (ETH) has risen by 1.18% over the last 24 hours.
On the hourly chart, the rate of ETH has made a false breakout of the local resistance of $4,666.
However, if the daily bar closes near that mark, there is a chance to see a price blast to the $4,700-$4,750 zone.
On the longer time frame, none of the sides is dominating, as the price of the main altcoin is far from key levels. Bulls may start thinking about a further upward move only if the breakout of the $4,783 mark happens.
From the midterm point of view, buyers keep controlling the situation on the market. If the weekly bar closes around current prices, growth is likely to continue to the $5,000 area.
Ethereum is trading at $4,633 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team