Home Ethereum Ethereum Price Prediction Today: Daily (ETH) Value Forecast – April 1 – Bitcoin Exchange Guide

Ethereum Price Prediction Today: Daily (ETH) Value Forecast – April 1 – Bitcoin Exchange Guide

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  • On the upside, a price breakout will enable the bulls to break the $143 resistance level and reach the previous high of $165.
  • On the downside, if price breaks below the EMAs, the crypto’s price will fall.

ETH/USD Medium-term Trend: Bullish

  • Resistance Levels: $240, $250, $260
  • Support Levels: $140, $130, $120

Last week the price of Ethereum was in a bullish trend. On March 29, the bulls tested the $146 price level and were resisted. The crypto’s price fell to the support of the 12-day EMA to commence another bullish trend. In retrospect, the bulls have not been able to break the $143 resistance level since February 24. Today, the crypto’s price is in a bullish trend.

On the upside, a price breakout will enable the bulls to break the $143 resistance level and reach the previous high of $165. On the downside, if price breaks below the EMAs, the crypto’s price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The ETH price is above the EMAs which indicate that price is in a bullish trend zone.

ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the crypto’s price is in a range bound movement. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a range bound movement. On March 30, the bulls tested the $148 price level and were resisted.

The price fell to a low of $143 and commenced a range bound movement. Today, the ETH price is in a bullish trend trading at $145.16 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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