Can ETH rise to $1,400 this week? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
On the local chart, Ethereum is located in the middle of the channel, which means that one should not expect sharp moves until the end of the day. However, if the rise continues to the resistance level atOn the daily time frame, the situation remains unclear as none of the sides is dominating at the moment. Such a statement is also confirmed by the low volatility, which means that the more likely scenario is sideways trading in the range of $1,300-$1,350.
The situation is also the same on the weekly chart, where the volume keeps going down. All in all, traders should not expect a rise or fall this week as Ethereum has not decided yet which way to go.
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