Ethereum

Ethereum (ETH) Price Prediction for July 21 — TradingView News

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Prices of some coins continue to rise, while others have returned to the red zone, according to CoinMarketCap. Best Coins by CoinMarketCap

ETH/USD

The Ethereum rate ETH/USD has remained almost the same since yesterday. Over the past week, the price has increased by 9.61%. Image from TradingView

On the hourly chart, ETH price has made a false breakout of the local support level at $3,483. If the daily bar closes near this level, we can expect a breakout towards the $3,450 area shortly. Image by TradingView

On a longer time frame, the closest level of $3,547 will be worth paying attention to. If a break occurs, the accumulated energy could be enough for a continuation of the upward movement towards the $3,600-3,700 range. Image from TradingView

From a midterm election perspective, bulls are trying to maintain the initiative they have gained.

If the weekly candle closes around current prices, traders could see further upside by the end of the month.

Ethereum is trading at $3,502 at press time.

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