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Ethereum, the second largest cryptocurrency, has increased by 12.3% in the last seven days. Interestingly, Ethereum strongly maintained its base, supported by Cleansing up It started after a pointed recovery from USD 1550, which began on Tuesday.
At the moment, the price of Ethereum is in an vital technical phase after re -supplementing the resistance level in the amount of USD 1799 and restoring the ultimate endowal support zone. Fresh pushing above 1,800 USD can open the door to USD 1,840 and more, while a deeper withdrawal would test three vital zones.
Ethereum turns resistance to support
Recent Rally Ethereum He saw him exceeding three noteworthy levels of resistance, which rejected his price campaign for most of April. Interestingly, these resistance levels are at 1,590 USD, USD 1654 and USD 1,703, as indicated by technical analysis Ethereum price campaign on the time frame chart per hour of the candlestick on the TradingView platform.
After these pimples, Ethereum continued to push up with the rush until he encountered a harder ceiling near $ 1,800. After a compact apply of this zone, the price he experienced a minor rejectionGoing back in the direction of 1730 USD before finding support and starting another gradual climb.
The current resistance at USD 1,800 is the next level to overcome Hopes for near $ 2,000 before the end of April. Nevertheless, even if the Ethereum does not reach this level, the stubborn sentiment will still be in place, if you manage to keep above the broken resistance that now turned to the H1 time frame. 
Ethereum can still be stubborn, unless $ 1,654 breaks
Ethereum The perspectives remain stubborn As long as newly recovered levels after USD 1590, USD 1654 and USD 1,703 still operate as reliable support zones. The first zone, set to USD 1,703, is a compact -term level of hourly support. This area can attract early entries, but it is high and susceptible to simple breaking.
Under this lies more structurally significant support at USD 1654, which is also perceptible on a 4-hour table. This level is a medium risk zone, characterized by a cleaner and sound area of demand. It is more likely to initiate a reflection, if tested and its behavior is vital to maintain compact -term stubborn bias for Ethereum.
The strongest level of support is USD 1,590 and is slightly low for re -entry. Has the most favorable risk indicator for the prize in which there are wise cash trade persons They will probably gather.
As long as Ethereum remains above USD 1,703, the current upward trend remains vital. The party prejudice remains intact, unless there is a confirmed break below USD 1654. A decrease below USD 1654 would change compact -term perspectives to neutral or bear. On the other hand A Successful closure above $ 1,800 He could cascade about USD 1,840 or even higher.
A distinguished picture from Unsplash, TradingView chart
