According to CoinStats, most cryptocurrencies are showing gains today. Ethereum (ETH) has seen a rise of 1.80% since yesterday. On the hourly chart, ETH is exhibiting bullish momentum as it approaches resistance near $4,377. If this level breaks, further growth could push prices towards $4,400. The price also appears to be recovering from support at $4,257 on the longer time frame. If today’s daily bar closes above its peak with no significant drops, a test of the $4,500 area may follow. In the medium term, neither side is clearly dominant as ETH remains far from key levels. This lack of clear direction suggests that any sudden price movements are unlikely to occur soon.