According to CoinStats, the price of most coins is falling today.
ETH/USD
The rate of Ethereum (ETH) has fallen by 12.26% in the past day.
On the hourly chart, the ETH price is far from the support and resistance levels. Volume is low, so traders are unlikely to witness any sharp moves by tomorrow.
On the larger time frame, you should pay attention to the closing price of the daily candlestick at the $3,815 level.
If it breaks above that mark, the bulls could take control, which could lead to a pullback towards the $4,000 zone.
From a medium-term perspective, sellers control the market situation. Volume remained relatively low, confirming the absence of bullish and bearish energy. In this case, a more likely scenario would be for it to trade sideways in the $3,600 to $4,000 range.
At the time of writing, Ethereum is trading at $3,820.
