According to Coinmarketcap, the weekend began with a market correction.
ETH/USD
Ethereum (ETH) percentage has declined by 1.68% over the past 24 hours.
On the hourly chart, ETH is testing local support at $2,932. If a breakout occurs, the fall could last up to the $2,900 zone by tomorrow.
In a larger time frame, the main altcoin speed is on yesterday's candle. That is, neither side controls.
If the situation remains unchanged, it is likely that a continuous horizontal trade will be more likely, focusing on current prices.
From a medium term perspective, the photography is even more bullish. Once the weekly bar exceeds $2,857, growth could last as long as $3,000-3,100 until the end of the month.
Ethereum trades at $2,937 at press time.
