Ethereum (ETH)

The Ethereum price has jumped ~3% in the past day with a trading volume of $36.84 billion. Moreover, it has surged 11.52% over the last seven days and 35.69% in the previous 30 days. With a market cap of $412.38 billion, this altcoin is valued at $3,377

The Moving Average Convergence Divergence (MACD) shows a constant green histogram with its averages displaying a continuous uptrend. With the SMA indicator recording a similar price trend, the ETH price hints at a bullish outlook.

Suppose, the bulls maintain their dominance, this could push the Ethereum price toward its upper resistance level of $4,000 this year. On the flip side, if the bears overpowered the bulls, this could pull the ETH token toward its low of $3,000. $ETH