Can ETH keep today's rise going? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x
Ethereum is one of the biggest gainers today, rising by 2.27% over the past 24 hours.
On the local time frame, Ethereum is trading in a narrow range, between the support at $1,213 and the resistance at $1,229.At the moment, the price is on its way to the upper level, which means there is a possibility to see a breakout tomorrow. On the bigger chart, traders should pay close attention to the recently formed resistance level at $1,230.20. If the candle closes around it, the accumulated energy might be enough for a move to the $,1280 zone. Thus, the buying volume has started to rise, which indicates buyers' strength.
Analyzing the chart against Bitcoin , the situation remains unclear as the rate keeps trading sideways. Buyers might seize the initiative — only if they return the price above the 0.073 mark.
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