According to Coinmarketcap, market growth is the most likely scenario for most coins.
ETH/USD
Ethereum (ETH) percentage has risen 0.88% over the past 24 hours.
On the hourly chart, the price of ETH resulted in a false breakout of formed resistance of $2,647.
If the daily bar closes far from its mark, the Bears could potentially return to the game, which could drop to the $2,600 range.
In a longer time frame, the Bulls are about to seize the initiative. If daily candles are closed above current prices, the upward movement could last up to the $2,700 mark.
From a medium-term perspective, the focus should be on weekly bar closures, from a $2,738 level perspective. If a breakout occurs, the accumulated energy may be enough to test a critical area of $3,000.
Ethereum trades at $2,636 at press time.
