The post Ethereum (ETH) Price Analysis for November 2 appeared on BitcoinEthereumNews.com. The market is neutral at the end of the week, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has increased by 0.28% over the last 24 hours. Image by TradingView On the hourly chart, the rate of ETH is in the middle of the local channel. As neither side is dominating, there are low chances to see sharp moves by tomorrow. Image by TradingView On the bigger time frame, the situation is similar as the price of the main altcoin is far from the support and resistance levels. You Might Also Like The volume has declined, which means traders are unlikely to witness increased volatility soon. Image by TradingView From the midterm point of view, the price of ETH is in the middle of the wide channel. As neither bulls nor bears have seized the initiative, there are low chances to see sharp moves next week. Ethereum is trading at $3,881 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-november-2The post Ethereum (ETH) Price Analysis for November 2 appeared on BitcoinEthereumNews.com. The market is neutral at the end of the week, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has increased by 0.28% over the last 24 hours. Image by TradingView On the hourly chart, the rate of ETH is in the middle of the local channel. As neither side is dominating, there are low chances to see sharp moves by tomorrow. Image by TradingView On the bigger time frame, the situation is similar as the price of the main altcoin is far from the support and resistance levels. You Might Also Like The volume has declined, which means traders are unlikely to witness increased volatility soon. Image by TradingView From the midterm point of view, the price of ETH is in the middle of the wide channel. As neither bulls nor bears have seized the initiative, there are low chances to see sharp moves next week. Ethereum is trading at $3,881 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-november-2