Ethereum

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Bears have failed to hold the initaitive, according to <a href="https://u.today/solana-sol-price-prediction-for-march-27" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="0592676a-c06f-4ef8-838e-2607aafcb4ec" src="https://u.today/sites/default/files/inline-images/top10_1019.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 1.42% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="22ddec9f-48ab-4200-8fa6-7e124611b615" src="https://u.today/sites/default/files/inline-images/eth1_115.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of the main altcoin is looking bullish as it is trying to break the local resistance of $3,591. If the daily bar closes above that mark, the growth may continue to the $3,650 zone. <img data-entity-type="file" data-entity-uuid="46714daa-d713-4e77-9a76-228c39b32f6f" src="https://u.today/sites/default/files/inline-images/eth2_120.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should focus on the candle closure in terms of the level of $3,677. If the rise continues to it, there is a high chance to see a breakout, followed by a blast to $3,800 soon. <img data-entity-type="file" data-entity-uuid="bedb8d40-1536-487a-990e-746020a8356d" src="https://u.today/sites/default/files/inline-images/eth3_109.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, it is too early to make any distant predictions as a few days remain until the bar's closure. Thus, the rate is far from key levels, which means that none of the sides is ready for a sharp move.&nbsp;
All in all, ongoing consolidation in the area of $3,400-$3,800 is the more likely scenario for the next days.
Ethereum is trading at $3,595 at press time.

Ethereum (ETH) Price Prediction for March 28

Table of Contents

U_Today

Other articles published on Mar 28, 2024

Leading Altcoin Analysts Suggest Next Altcoin Market Surge Is Incoming for Altcoin Investors: SOL...

Discover the Future of Healthcare Investment: HLX Token Presale Projected To Surge Amid Billion-D...

Akropolis (AKRO) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Doubtful Pepecoin (PEPE) Will Hit $1 – Why Investors Are Hedging Portfolios with New 1000x Exchan...

BlockDAG Leads the Crypto Market with 5.5 Billion Coins Sold as the Battle of Solana vs Ethereum ...

Bitwise files with SEC for spot Ether ETF listing

Join our free newsletter for daily crypto updates!