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Cryptopolitan 2021-09-01 14:43:18

Ethereum Price Analysis: ETH continues to rally, swift move to $3,600 next?

TL;DR Breakdown Ethereum price analysis is bullish for today.ETH/USD saw a further rally from the $3,350 previous resistance.Ethereum targets the $3,600 mark next. Ethereum price analysis is bullish for today as the market has continued to rally over the last 24 hours. Therefore, we expect ETH/USD to reach the $3,600 next resistance later today and finally set a strong higher high. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the green over the last 24 hours. The market leaders, Bitcoin and Ethereum, have gained 0.6 and 5.07 percent, respectively. Meanwhile, Ripple (XRP) is among the best performers, with a gain of 7.72 percent. Ethereum price movement in the last 24 hours: Ethereum breaks above $3,350 previous high ETH/USD traded in a range of $3,354.88 – $3,557.88, indicating strong volatility over the last 24 hours. Trading volume has increased by 1.5 percent and totals $27.3 billion, while the total market capitalization trades around $416.7 billion, resulting in the market dominance of 19.57 percent. ETH/USD 4-hour chart: ETH targets the $3,600 resistance next? On the 4-hour chart, we can see the Ethereum price continues to advance today, with the $3,600 mark almost reached. ETH/USD 4-hour chart. Source: TradingView Ethereum price action has consolidated below the $3,300 mark over the past weeks. After setting only slightly higher highs at the beginning of August, ETH/USD started...

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