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Finally woke up? Ethereum marks its highest level since November 2018



Ethereum has observed a rise in prices by 7.5% in the last 24 hours of trading, bringing the current price to a coin to approximately $ 181.50. Crypto currency started an amazing launch after an increase of 27.50% over the past seven days.

Today's high of $ 187 per ETH is the highest price for Ethereum since November 14, 2018. 2018 long-term support line of $ 6,000.

The veteran cryptographic project is the second largest cryptomin in terms of market size since it currently has a market value of $ 19.14 billion

Looking at ETH / USD

  • Since our The preliminary ETH / USD analysis shows that the market has risen and came out of the symmetrical triangle that we pointed out in our latest price analysis. The market continued to increase and managed to break the resistance in 201
    9 by about $ 170. The price action has recently faced a resistance of $ 185, with an average extension of 1.272.
  • Top: Apart from $ 185, the next level of resistance is $ 194, which contains the bearish level. the resistance is at $ 200 on the legendary level. Further resistance can be expected at $ 212, which is the middle term of 1,618 levels of Fibonacci extensions
  • Down: The closest level of support now lies at $ 170. Below, the support is $ 161, $ 151, $ 146, and the 100 day average speed line is currently around $ 140. However, we still expect the crossover down on the Stochastic RSI.
  • The volume of trading is constantly growing during April.

  eth_usd_8apr19-min (1)

Looking at ETH / 1-day BTC diagram:

  • After our previous ETH / BTC, we see that Etehreum was on slides. The market first fell below the previously mentioned downward triangle. However, we see that the coin has found support for about 0.032 BTC and jumped. The market is now traded on the upper boundary support of the downward triangle
  • Top: In addition to the triangle, the initial resistance is at 0.035 BTC. Further resistance above can be found in 0.036 BTC and 0.037 BTC, which is a short-term bearish .618 Fibonacci retracement level. Above 0.037 BTC, the subsequent resistance is at 0.038 BTC, and then to the zone of strong resistance 0.040 BTC
  • Down: The closest level of support is located on the basis of the triangle of about 0,0335 BTC. Under the triangle, further support is at the level of 0,0325 BTC, 0,031 BTC and 0,030 BTC.
  • Since the last Stochastic RSI intersects (in the zone of resale), Eheterum returns to the bovine area.
  • Volume of trades also

  eth_btc_8apr19-min (1)

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