The Bullish flag on the Ethereum chart

What's in this article

The Crypto market has started showing some green candles as the prices rise a few percentages with the high hopes of bulls. Moving upwards and then ranging there in a shorter time frame of 15 minutes, Ethereum is obviously making a flag pattern.

Ethereum price today is $3,363.64 USD with a 24-hour trading volume of $18,526,774,410 USD. Ethereum is up 7.30% in the last 24 hours, with a market cap of $400,709,799,317 USD. It has a circulating supply of 119,129,899 ETH coins.   

Source: Tradingview

Ethereum: Analysis

From $3000 to $3200, Ethereum peaked more than 6% since yesterday. Ethereum is stuck below the local resistance of $3267 however once it breaks this level, it will flash towards our target at $3400, fib 1.414.

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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