The market is mainly bullish on the last day of the week, according to CoinStats.
ETH/USD
The rate of Ethereum (ETH) has risen by 1.74% over the last 24 hours.
On the hourly chart, the price of ETH is closer to the resistance than to the support level.
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If buyers can hold the gained initiative, one can expect a level breakout, followed by a move to the $3,900 zone.
On the bigger time frame, the situation is also bullish. If the daily bar closes above the $3,824 resistance, the accumulated energy might be enough for a test of the $3,900-$4,000 range shortly.
From the midterm point of view, the rate of ETH has fixed above the resistance of $3,675. While the price is above that mark, there is a high chance of an ongoing upward move to the $4,093 level.
Ethereum is trading at $3,808 at press time.