Bulls keep dominating the situation on the market as all of the top 10 coins remain in the green zone.


Top coins by CoinMarketCap


Yesterday, the Ethereum (ETH) price followed the cryptocurrency flagship and broke the upper limit of the channel of $1,860. Further growth took place at medium volumes, and toward the end of the day, the pair tested the psychological level of $2,000.


ETH/USD chart by TradingView

Bulls tried to continue their growth tonight, but so far they have not been able to gain a foothold above the $2,000 mark. During the day, a rollback to the area of average prices is possible.

If the moving average EMA55 stops the rollback, then one can hope for continued growth to the area of $2,100.


ETH/USD chart by TradingView

On the daily chart, Ethereum (ETH) keeps growing after yesterday's bull run. At the moment, we need to pay close attention to the area around $2,000. If the daily candle closes above it, there is a good chance of keeping the rise going to the zone of the most liquidity at $2,300.


ETH/USD chart by TradingView

On the longer time frame, Ethereum (ETH) has bounced off the support at $1,730 for the third time against a low trading volume. If bulls can keep the growth going, the nearest level at which sellers may seize the initiative is the mark of $2,250.

Ethereum is trading at $1,988 at press time.

Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Cardano introduces Layer 2 solution Hydra, as ADA price looks to rally 25%

Cardano price is grappling with a crucial support floor on the daily time frame as the big crypto experienced a minor crash. Investors can expect ADA to slice through this barrier before restarting its uptrend.

More Cardano news

Binance faces allegations of insider trading by US officials as regulatory clampdown continues

Binance continues to face regulatory scrutiny as US officials are looking into potential insider trading and market manipulation. Investigations are digging deeper into whether Binance or its staff ...

More Binance Coin news

Shiba Inu price consolidates as SHIB bulls prepare for 22% advance

Shiba Inu price rallied exponentially on September 16, slicing through plenty of resistance levels. However, the bullish momentum exhausted as it retested the August 16 swing high.

More Shiba Inu news

Bitcoin might be safe from a global stock market crisis

BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown. One of the reasons behind Bitcoin's (BTC) volatility, the substantial price oscillations ...

More Bitcoin news


Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast