Ethereum (ETH)

Hopes are high that Ethereum will recover and enter an upward trend again, but price action so far does not clearly indicate whether this will happen soon.

ETH also closed the week with a small gain of 2%.

To regain buyer interest, the cryptocurrency needs to break through the $2,800 resistance level and confirm it as support.

A move below this level will turn the interest of market participants to other altcoins such as ADA or BNB, which have performed well recently.

Looking ahead, Ethereum has found good support at $2,400 and is trying to move higher, but momentum has not emerged as of press time.

Perhaps things will improve later this month.

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