According to Coinstats, buyers are about to return to the game in the second part of the day.
ETH/USD
Ethereum (ETH) share has risen 0.57% since yesterday.
On the hourly chart, the ETH priced at a local resistance of $4,428. If the daily bar closes above that mark and does not have a long wick, growth can last in the $4,500 range by the end of the week.
In a longer time frame, at a level of $4,491, you should pay attention to daily bar closures. If that breaks out, the accumulated energy may be enough to move further upward into the $4,600 zone.
From a medium-term perspective, the photos are not bullish. The main altcoin rate is far from the support and resistance levels.
The volume remains low. This means that traders are unlikely to witness sharp movements right away.
Ethereum trades at $4,478 at press time.
