According to Coinmarketcap, the market has returned to the green zone.
ETH/USD
Ethereum (ETH) percentage rose 5.05% on the last day.
On the hourly chart, ETH prices are heading towards local support at $2,562. If the Bulls are unable to seize the initiative, they can expect to test the $2,550 zone by tomorrow.
In long time frames, traders need to focus on closure of bars.
If it happens on a long core, the seller can seize the initiative locally.
From a medium-term perspective, we need to pay attention to weekly candle closures. At the moment, the main altcoin rate is far from a significant level, meaning crossing the current price is the most likely scenario.
Ethereum trades at $2,584 at press time.
