Ethereum rising on a bullish Trend to the native resistance

Ethereum is showing some green candles on a lower time frame and it’s headed towards the native resistance. Will it break above that?

 Ethereum price today is $3,826.49 USD with a 24-hour trading volume of $10,839,334,044 USD. Ethereum is up 1.95% in the last 24 hours, with a market cap of $455,378,095,025 USD. It has a circulating supply of 119,006,620 ETH coins. 

Ethereum rising
Source: Tradingview

Ethereum Rising: Analysis

After touching bottom on 31st December at $3620, Ethereum is comparatively bullish however it’s headed to yesterday’s high of $3858. As Ethereum is moving above EMA 20 and EMA 50, the volatility is obvious but to pass above the previous high of yesterday, it needs the bullish support of Bitcoin. Besides that resistance level, Ethereum has good support at $3626.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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