Ethereum

April

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Most coins are facing a bounce back on the last day of the week, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-april-27" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="d834b8ac-c0d0-433c-bda8-28a4a24d35b3" src="https://u.today/sites/default/files/inline-images/top10_1082.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
The price of Ethereum (ETH) has increased by 4.72% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="c9b8caaf-8269-4af4-9edf-1f9d8f188ff2" src="https://u.today/sites/default/files/inline-images/eth1_117.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of ETH is returning to the recently formed resistance level of $3,327. If the daily bar closes near it, the accumulated energy might be enough for a breakout to the $3,400 range. <img data-entity-type="file" data-entity-uuid="3ade2d93-3d02-48c7-b352-b45a4889cf5d" src="https://u.today/sites/default/files/inline-images/eth2_123.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Bulls are also powerful on the bigger time frame. At the moment, one should focus on the daily bar.
If the candle closes around the current prices and with no long wicks, there is a chance to see a further upward move to the $3,400-$3,500 zone. <img data-entity-type="file" data-entity-uuid="7643a320-a387-4d7e-9537-cbdb64c5cb6b" src="https://u.today/sites/default/files/inline-images/eth3_111.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, it is too early to think about a bull run even if the weekly bar closes above the previous candle peak. In this case, sideways trading in the zone of $3,300-$3,500 is the more likely scenario for the next week.
Ethereum is trading at $3,310 at press time.

Ethereum (ETH) Price Prediction for April 28

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