Buyers are still in control, leading to little change in the situation from yesterday. Ethereum has seen a slight increase of 0.37% in the last 24 hours and is looking bullish on the local chart with a break in resistance at $1,864. However, there is not expected to be any significant movement until the end of the day due to most of the ATR already being passed. Ethereum is currently consolidating around $1,870, with the possibility of further growth towards $1,940 if it fixes above $1,900. The weekly chart shows a lack of initiative from both bulls and bears, leading to sideways trading between $1,850 and $1,950 until mid-August. Ethereum is currently trading at $1,877.
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Ethereum Price Holds Steady with Bullish Local Chart and Ongoing Consolidation
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