Ethereum (ETH) price analysis on July 15th

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According to Coinmarketcap, most of the top 10 coins have returned to the red zone.

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ETH/USD

The Ethereum (ETH) percentage has declined by 0.34% over the past 24 hours.

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On the hourly chart, it is possible that the main altcoin priced at $3,067 local resistance. Most of the ATRs have passed, so you are less likely to see sharp movements by tomorrow.

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In the larger time frame, the situation is bullish as ETH percentages are about to exceed $3,045. If that happens, the upward movement can quickly continue in the $3,100-3,200 range.

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From a medium-term perspective, the photos remain bullish until the price exceeds $2,857. However, the Bulls may need some time to accumulate energy for further movement.

In this case, sideways trading in regions between $2,800 and $3,000 is the most likely scenario until the weekend.

Ethereum trades for $3,050 at press time.

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