u.today
All of the top 10 coins are located in the green zone, according to CoinMarketCap.
ETH/USD
The rate of Ethereum (ETH) has risen by 3.56% over the last 24 hours.
ETH/USD chart by TradingView" src="https://cnews24.ru/uploads/256/256a84cac9713eb1fd76f2b17cc1564f23d371f4.png" size="1818x883">
On the hourly chart, Ethereum (ETH) has made a false breakout of the local level at $1,715. In this case, the more likely scenario is a drop to the nearest support around $1,693.
ETH/USD chart by TradingView" src="https://cnews24.ru/uploads/a36/a363c68b85ee70abd00c698263540ede22da9a61.png" size="1818x883">
On the daily chart, Ethereum (ETH) remains bullish until the price is above the support level at $1,655. Currently, one should not expect any sharp moves as the leading altcoin has not accumulated enough power for either growth or fall.
ETH/USD chart by TradingView" src="https://cnews24.ru/uploads/afa/afa2e040776f9882ea8236e3ae4c2d55e09136fe.png" size="1818x883">
On the weekly time frame, $1,700 plays an important role for bulls. However, if the candle closes below it, there are chances to see a drop to the $1,550-$1,600 area within the next few weeks.
Ethereum is trading at $1,696 at press time.