Ethereum

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The last day of the week is bearish for the <a href="https://u.today/doge-price-analysis-for-november-25" rel="noopener noreferrer nofollow">cryptocurrency market</a>. <img data-entity-type="file" data-entity-uuid="49d7e594-942d-4cc8-8d21-6d8dc49d9e6c" src="https://u.today/sites/default/files/inline-images/top10_795.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
The rate of Ethereum (ETH) has risen by 0.18% since yesterday. Over the last week, the price has risen by 6.44%. <img data-entity-type="file" data-entity-uuid="b1cecbaa-df2d-43f2-b274-add696a6c74f" src="https://u.today/sites/default/files/inline-images/eth1_98.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of ETH is in the middle of the local channel, getting energy for a further sharp move. However, any ups or downs are unlikely to happen today as most of the daily ATR has been passed. <img data-entity-type="file" data-entity-uuid="1345ef7a-dc2b-4a84-a805-426e7835692f" src="https://u.today/sites/default/files/inline-images/eth2_103.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the situation remains unchanged as the rate of ETH keeps accumulating power. One can only think of a continued rise if the price fixes above the $2,120 zone. <img data-entity-type="file" data-entity-uuid="d39860f4-b168-4257-9a1d-e5ccff4fab2d" src="https://u.today/sites/default/files/inline-images/eth3_93.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the bar closure.
If it happens near the $2,100 area, one can expect a resistance breakout by the end of the month.
Ethereum is trading at $2,079 at press time.

Ethereum (ETH) Price Analysis for November 26

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