{"id":258440,"date":"2020-04-24T09:37:47","date_gmt":"2020-04-24T13:37:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=258440"},"modified":"2020-04-24T09:37:47","modified_gmt":"2020-04-24T13:37:47","slug":"ethereum-price-prediction-eth-usd-regains-ground-but-200-still-unconquered","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-usd-regains-ground-but-200-still-unconquered","title":{"rendered":"Ethereum Price Prediction: ETH\/USD Regains Ground But $200 Still Unconquered"},"content":{"rendered":"
ETH Price Prediction \u2013 April 24<\/strong><\/p>\n ETH\/USD is recovering, moving in sync with the market. A sustainable move above $195 may improve the technical picture.<\/p>\n Key Levels:<\/p>\n Resistance levels: $220, $225, $230<\/p>\n Support levels: $155, $150, $145<\/p>\n ETH\/USD<\/a> has continued to rise further higher until it finds resistance at the expected level of $195. Looking at the daily chart, we can see that ETH\/USD even spiked higher into the resistance level at $190.14 in the early hours of today. Therefore, if the buyers continue to push the market higher, the immediate resistance above $210 level will be located. Above this, further resistance levels lie at $220, $225, and $230.<\/p>\n Alternatively, if the bears try to bring down the price below the 9-day and 21-day moving averages, the bears can expect immediate support to be located at $180 which is below the trend line of the channel. Below $160, further support is found at $155, $150, and $145. Meanwhile, the RSI (14) is moving above the 60-level, which indicates that more bullish signals may come to play.<\/p>\n When compared with Bitcoin, Ethereum is still trading around the 9-day and 21-day moving averages within the ascending channel and the price is now hovering at 2496 SAT as the stochastic RSI nosedives towards the 40-level. Although the bulls remain the dominant of the market as the pair seems to be moving towards the upper boundary of the channel.<\/p>\n However, looking at the upside, the resistance levels to be reached lies at 2700 SAT and 2800 SAT. Conversely, a lower sustainable move may likely cancel the bullish pattern and this could attract new sellers to the market with the next focus on 2300 SAT and 2200 SAT support levels.<\/p>\n Please note:<\/strong> Insidebitcoins.com<\/a> is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"ETH\/USD Market<\/h4>\n
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