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According to CoinMarketCap, bulls continue to be in control on the final day of the week.
Top coins by CoinMarketCap
ETH/USD
Ethereum (ETH) rate has increased by almost 2% since yesterday. Last week, the price increased by 9.70%.
Image by TradingView
On the hourly chart, ETH price surged after breaking the local resistance at $2,653.
related
If the daily chart closes above the aforementioned mark, the rally could continue into the $2,750 range tomorrow.
Image by TradingView
Looking at the larger time frame, the major altcoin rate is testing the $2,702 level. If a breakout occurs, the accumulated energy could be enough to test the $2,800 zone within the next few days.
Image by TradingView
The weekly chart also shows a bullish image. If the candlestick closes around the current price without a long wick, growth could continue into the $2,800-$3,000 area by the end of the month.
At the time of writing, Ethereum is trading at $2,702.
