Category: Crypto News, News
Ethereum (ETH) Price Prediction for May 10 — TradingView News
Sellers are not ready yet to seize the initiative on the first day of the weekend, according to CoinStats.CoinStats”>
The price of Ethereum 
ETHUSD has gone up by 4.33% since yesterday.TradingView”>
On the hourly chart, the rate of ETH might have set a local resistance of $2,448. As most of the ATR has been passed, traders are unlikely to witness sharp moves by tomorrow.TradingView”>
On the bigger time frame, the price of the main altcoin is within yesterday’s bar, which means neither side is dominating.
Buyers may only start thinking about a midterm rise if a breakout of the $2,533 level happens.TradingView”>
From the midterm point of view, there are no reversal signals yet. If the weekly bar closes around the current prices, traders may witness a test of the $2,500-$2,600 range soon.
Ethereum is trading at $2,424 at press time.
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