According to Coinmarketcap, most coins are bearish over the weekend.
ETH/USD
The Ethereum (ETH) percentage has declined by 1.66% over the past 24 hours.
On the hourly chart, the ETH price resulted in a false breakout of local resistance of $3,599. If seller pressure continues, it could drop to $3,500 in support by tomorrow.
In the larger time frame, neither side has dominated, as the main altcoin speed is within yesterday’s candle.
If the situation remains the same, it is more likely that a sideways trade will be within a narrow range of $3,500-$3,600.
From a medium-term perspective, ETH percentage tested a resistance of $3,675. In the event of a breakout, the upward movement can last up to a critical $4,000 zone.
Ethereum trades at $3,560 at press time.
