According to Coinmarketcap, most coins are in the green zone at the beginning of the weekend.
ETH/USD
Ethereum (ETH) prices have risen 2.38% over the past 24 hours.
On the hourly chart, it is possible that ETH rates have been set to a local resistance of $2,006. Prices are far from important levels, so the focus should be on daily closures when it comes to the $2,000 mark.
If more happens then traders may expect to test the zone tomorrow between $2,020-$2,030.
In a larger time frame, the situation is similar. Neither aspect is dominated. This has also been confirmed even at low volumes. If nothing changes, ongoing sideline trading in the $1,950 to $2,050 is the most likely scenario.
From a medium-term perspective, the painting remains much more bearish than bullish. If the Bulls lose a $2,000 zone, the drop can last up to an area of between $1,500 and $1,600.
Ethereum trades at $1,988 at press time.
