The market is mainly bassist on the first day of the month, according to Coinstats.
ETH/USD
The Ethereum rate (ETH) has decreased by 1.34% since yesterday.
In the table per hour, the price of the main Altcoin is close to the local support of $ 4,360. If the daily bar closes around that brand or below, there is a great possibility of a test of the $ 4,300 zone for tomorrow.
In the biggest period of time, the situation is less clear. The ETH rate is far from the key levels, which means that none of the parties has enough energy to confiscate the initiative.
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The volume is going down, confirming the absence of the energy of bulls and bears. In general, lateral trade around current prices is the most likely scenario.
From the point of view in the middle of the period, the image is similar. The week has just begun, which means that it is too early to make distant predictions. Buyers can only start thinking about a more upward movement if a rupture of the vital area of $ 5,000 occurs.
Ethereum is quoted at $ 4,394 at the time of publication.
