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

ETH / USD

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.

diagram

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.

diagram

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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