Ethereum Price Analysis: ETH Eyes $2,500 Amid Weekend Calm 📈
Ethereum (ETH) is experiencing a modest rally as it rises by 4.33% over the past 24 hours, as per CoinStats data.
Sellers are currently hesitant, with major price volatility unlikely in the near term. On the hourly chart, local resistance has been established around $2,448. The Average True Range (ATR) indicates a low likelihood of sharp price swings over the weekend, suggesting a consolidation phase for Ethereum's price. On the daily chart, Ethereum remains within the trading range from the previous day.
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