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Cryptopolitan 2021-08-23 12:36:08

Ethereum Price Analysis: ETH attempts to break $3,300, targets $3,600 next?

TL;DR Breakdown Ethereum price analysis is bullish for today.Ethereum rallied overnight.ETH/USD ready to break $3,300. Ethereum price analysis is bullish for today as bulls pushed the market price back to the $3,300 resistance overnight, where bulls attempt another breakout. Considering that a new higher low was set yesterday, we expect ETH/USD to finally spike higher and finally set further highs later this week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with a bullish momentum over the last 24 hours. Bitcoin is up by almost 3 percent, while Ethereum is up by 3.23 percent. Binance Coin (BNB) is among the best performers, with a gain of 9 percent. Ethereum price movement in the last 24 hours: Ethereum sets higher low, moves to $3,300 again ETH/USD traded in a range of $3,142.01 – $3,362.83, indicating a moderate amount of volatility over the last 24 hours. Trading volume totals $19.87 billion, up 26.63 percent from yesterday. Meanwhile, the total market cap stands at around $392 billion, resulting in a market dominance of 18.13 percent. ETH/USD 4-hour chart: ETH set to break $3,300 today? On the 4-hour chart, we can see the Ethereum price attempting to break the $3,300 resistance again after a rally overnight. ETH/USD 4-hour chart. Source: TradingView Ethereum price has increased by more than 90 percent over the past month after setting a new swing low of around $1,725. Resistance was...

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