Ethereum

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The majority of coins are rising, even though sellers' pressure remains relevant, according to <a href="https://u.today/shib-price-prediction-for-june-24" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="b4e6995c-f41f-43c3-bc91-f955fe3bcb26" src="https://u.today/sites/default/files/inline-images/top_11.png">ETH chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
The price of Ethereum (ETH) has gone up by 1.88% since yesterday. <img data-entity-type="file" data-entity-uuid="859fe6fa-6ae6-4ce8-98f8-f911ecb7ad6c" src="https://u.today/sites/default/files/inline-images/eth1_122.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of ETH is in the middle of the local channel, between the support of $3,342 and the resistance of $3,393.
As most of the ATR has been passed, ongoing sideways trading around $3,370 is the more likely scenario until tomorrow. <img data-entity-type="file" data-entity-uuid="61e70df2-561a-46e8-b08c-2ad483d476fc" src="https://u.today/sites/default/files/inline-images/eth2_128.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, neither buyers nor sellers are dominating. However, if the decline continues to $3,300, traders may witness a test of the $3,200 zone until the end of the week. <img data-entity-type="file" data-entity-uuid="8b2810c6-b6ef-4a56-aeea-f15ff5b9bfb0" src="https://u.today/sites/default/files/inline-images/eth3_118.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the weekly bar closure. If it happens far from its low, it is possible to see a bounce back to $3,600.
Ethereum is trading at $3,379 at press time.

Ethereum (ETH) Price Prediction for June 25

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Ďalšie články zverejnené 25. 6. 2024

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