Most of the coins are in the green zone again, according to CoinStats. A veritable garden of delights, if one is inclined to such things. 🌱📈
ETH/USD
The rate of Ethereum (ETH) has risen by 0.63% over the last day. A triumph of sorts, though one might question the necessity of such a minor elevation. 🚀💸
On the hourly chart, the price of ETH is in the middle of the local channel between the support of $2,921 and the resistance of $2,938. As neither side is dominating, there are low chances to see sharp moves by tomorrow. A tightrope walker with a penchant for indecision, if you will. 🧗♂️⚖️
On the bigger time frame, the situation is similar. The technical position of ETH has not changed a lot since yesterday. A testament to its steadfast adherence to mediocrity. 🧵📉
The volume is low, confirming the absence of buyers’ and sellers’ energy. All in all, sideways trading around the current prices is the more likely scenario until the end of the week. A cat chasing its tail-endless and devoid of purpose. 🐱🌀
From the midterm point of view, the rate of the main altcoin does not have enough strength for a sharp move. In this case, traders are unlikely to witness sharp ups or downs soon. A period of stasis, where the only movement is the slow creep of time itself. ⏳⏳
Ethereum is trading at $2,928 at press time. A figure so unremarkable it could be the price of a well-worn sock. 🧦💰
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2025-12-27 22:14