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Ethereum suffering

Ethereum Uptrend: Maybe the game is not over for the bulls yet

After December 4, 2021 drop, Ethereum started to rise and rose to $4258 on December 5, 2021. This Ethereum uptrend is still on an hourly chart.

The Ethereum price today is $4,423.53 USD with a 24-hour trading volume of $20,129,425,771 USD. Ethereum is up 0.05% in the last 24 hours, with a market cap of $524,876,210,046 USD. It has a circulating supply of 118,655,552 ETH coins.

Ethereum uptrend
Source: Tradingview

Ethereum uptrend: Analysis 

Ethereum is continuously updating the local higher highs and making higher lows, Ethereum is now bullish. Rising in a parallel channel Ethereum has scored a high of $4437 in the last wave yesterday. Ethereum might update this level once before the weekend approaches. Ethereum has psychological support of $4000. The resistance for Ethereum is at $4736.

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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