Advertisement
AD

Main navigation

Ethereum (ETH) Price Prediction for May 26

Advertisement
Sun, 26/05/2024 - 15:36
Ethereum (ETH) Price Prediction for May 26
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The last day of the week is more bearish than bullish, according to CoinStats.

Advertisement
ETH chart by CoinStats

ETH/USD

The price of Ethereum (ETH) has risen by almost 2% over the last day.

Image by TradingView

On the hourly chart, the rate of ETH is looking bullish as it is breaking the local resistance level of $3,816. If buyers can hold the gained initiative, the upward move may continue to the $3,850-$3,900 zone soon.

Image by TradingView

On the daily time frame, one should pay attention to the nearest level of $3,841. If the bar closes above it and with no long wick, the accumulated energy might be enough for an ongoing rise to $3,950.

Image by TradingView

The price of Ethereum (ETH) has almost touched the resistance of $3,993. However, buyers might need more time to accumulate energy for a further rise. In this case, sideways trading in the range of $3,700-$3,900 is the more likely scenario.

Ethereum is trading at $3,820 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD