{"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

ETH\/USD Market<\/h4>\n

Key Levels:<\/p>\n

Resistance levels: $220, $225, $230<\/p>\n

Support levels: $155, $150, $145<\/p>\n

\"\"<\/a>
ETHUSD – Daily Chart<\/figcaption><\/figure>\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

\"\"<\/a>
ETHBTC – Daily Chart<\/figcaption><\/figure>\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 Price Prediction \u2013 April 24 ETH\/USD is recovering, moving in sync with the market. A sustainable move above $195 may improve the technical picture. […]<\/a><\/div>","protected":false},"author":1742,"featured_media":258442,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[7600,5982,8045,7992],"class_list":["post-258440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-eth","tag-ethereum","tag-ethusd","tag-technical-analysis"],"acf":[],"yoast_head":"\nEthereum Price Prediction: ETH\/USD Regains Ground But $200 Still Unconquered<\/title>\n<meta name=\"description\" content=\"ETH\/USD is recovering, moving in sync with the market. 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