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Weekly Technical Analysis of Ethereum Price April 27

Ethereum dipped underneath the 50-day-old mobile video on April 25, but did not stop at a fixed loss of $ 150. The $ 150 point has a strong support. If the price jumps from this support, we can expect re-pricing of up to $ 167.
Abstract

Ethereum dipped underneath the 50-day-old mobile video on April 25, but did not stop at a fixed loss of $ 150. The $ 150 point has a strong support. If the price jumps from this support, we can expect re-pricing of up to $ 167.


Description

If the price fails to hit the $ 167 resistance, the bears are once again trying to bring the price down to the 50's. With prices below $ 150 and then $ 144, the downside is likely to intensify.

Today, the RSI and the EMA line 20 do not show any interesting status




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