Can Etherum (ETH) rise faster than the other altcoins?

Bulls continue to dominate the market as all top 10 coins remain in the green.

Top coins from CoinMarketCap


Yesterday, the Ethereum (ETH) price followed the flagship of the cryptocurrency, breaking the channel’s cap of $ 1,860. Further growth took place at medium volumes and towards the end of the day the pair tested the $ 2,000 psychological level.

TradingView’s ETH / USD chart

The bulls have tried to continue their growth tonight, but so far they have not broken above the $ 2,000 mark. During the day, a rollback to the area of ​​average prices is possible.

If the EMA55 moving average stops rolling back, hope for continued growth in the $ 2,100 area.


TradingView’s ETH / USD chart

On the daily chart, Ethereum (ETH) continues to grow after yesterday’s bull run. Right now we have to pay close attention to the $ 2,000 area. If the daily candle closes above it, there is a good chance it will hold the move up into the highest liquidity zone at USD 2,300.


TradingView’s ETH / USD chart

In the longer timeframe, Ethereum (ETH) has bounced off the support at USD 1,730 against a low trading volume for the third time. If the bulls can keep the growth going, the next level sellers can take the initiative is at $ 2,250.

Ethereum is trading at $ 1,988 at press time.

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