The prices of some coins keep rising, while others have returned to the red zone, according to CoinMarketCap.Top coins by CoinMarketCap
The rate of Ethereum 
ETHUSD has almost remained the same since yesterday. Over the last week, the price has risen by 9.61%.Image by TradingView
On the hourly chart, the price of ETH has made a false breakout of the local support level of $3,483. If the daily bar closes near it, one can expect a blast to the $3,450 zone shortly.Image by TradingView
On the bigger time frame, one should pay attention to the nearest level of $3,547. If a breakout happens, the accumulated energy might be enough for a continued upward move to the $3,600-$3,700 range.Image by TradingView
From the midterm point of view, bulls are trying to hold the gained initiative.
If the weekly candle closes around the current prices, traders may witness a further rise by the end of the month.
Ethereum is trading at $3,502 at press time.
