{"id":285454,"date":"2021-03-18T05:21:31","date_gmt":"2021-03-18T09:21:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=285454"},"modified":"2021-09-06T08:46:23","modified_gmt":"2021-09-06T12:46:23","slug":"ethereum-price-prediction-eth-usd-trades-to-feature-variant-higher-lows-around-the-main-resistance-of-1800","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-usd-trades-to-feature-variant-higher-lows-around-the-main-resistance-of-1800","title":{"rendered":"Ethereum Price Prediction: ETH\/USD Trades to Feature Variant Higher-Lows Around the Main Resistance of $1,800"},"content":{"rendered":"\r\n
Ethereum Price Prediction \u2013 March 18<\/strong><\/em>
The trading session on March 9 has appeared to be the current range-trading line of the ETH\/USD. On March 13, a spike occurred to closely average a high-point of $2,000 but, the crypto couldn\u2019t capitalize on that to push further in the north direction.
ETH\/USD Market <\/strong>
Key Levels:<\/strong>
Resistance levels: $2,000, $2,200, $2,400
Support levels: $1,500, $1,300, $1.100
ETH\/USD \u2013 Daily Chart<\/strong>
After a visible price rallying move from the base-line marked at $1,400 level, the crypto\u2019s value has seemingly entered a range-bound trading mode around a high value of $1,800. The bullish trend-line is drawn to attest that the formation of current ranging moves is a result of leftover buying-spree caused by the ETH\/USD bulls. The 14-day SMA trend-line is above the 50-day SMA closer to the current trading zone of the market. The Stochastic Oscillators have slantingly bent from the overbought region to place half-point between ranges 80 and 40. They attempt to close the hairs northbound in the ranges. That signals that buying pressure is in force to some extent.
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Will ETH\/USD price holds long the current short line of ranging trend?<\/strong><\/em>
The immediate resistance level of $2,000 will play a vital role in determining a new trend of the ETH\/USD.<\/a> In what sense, a breakout of it needs to come to play. Otherwise, price may continually tend to make failing efforts by facing series of rejection moves around the $1,800 and the $2,000 levels. Therefore, indecision trading conditions may at that capacity take the center stage of the crypto-market.
Taking the return of a sell-off trading situation of ETH\/USD, bears will have to be fully patient until a violent bullish reversal move comes by. Alternatively, a sudden breakdown of the $1,800 point will give a lighter note to suggest a resumption of another round of correctional moves. Traders need to be wary of taking a sell position against a well-established bullish trend.
<\/a>
ETH\/BTC Price Analysis<\/strong>
It is still apparent that market value throws weight behind BTC as the counter-crypto and, as paired the ETH as the base-crypto in the comparison. The 50-day SMA trend-line has been crossed from the top by the 14-day SMA trading indicator to the south. And, price trades closer underneath them to showcase the level of downward pressures. The Stochastic Oscillators are at range 40, with a slight opening of the hairs to point towards the south. That indicates that the falling forces against the ETH by the BTC have not been exhausted.<\/p>\r\n","protected":false},"excerpt":{"rendered":"