Can ETH close week near $1,300 mark? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Despite today's fall, Ethereum is looking bullish on the hourly time frame, as the rate is located near the resistance at $1,267.60. If buyers can hold the gained initiative, the upward move may continue to the $1,270-$1,275 area soon.
On the bigger chart, the situation is not so clear as the price has not yet decided which way to go against the declining volatility. If buyers want to return to the game, they should bring the price above the crucialOn the weekly chart, buyers are trying to get the rate closer to the resistance at $1,291.40. At the moment, one should pay close attention to the closure. If it happens near the $1,290 mark, the next few days might be bullish for the leading altcoin.
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