Ethereum Price Analysis 17th April: ETH/USD

Ethereum Price Analysis 17th April: ETH/USD

ETH/USD 

Ether (ETH) at long last broke over the 50-day SMA ($161.52) on April 16, which is a positive sign. In the event that the purchasers can push the greatest altcoin above $176.103, the force is probably going to get. 

Above $176.103, the ETH/USD pair can revitalize to $208.50 and afterward to $250. The steadily upsloping 20-day EMA and the RSI in the positive domain additionally proposes that the bulls have the advantage. 

Our bullish view will be refuted if the pair diverts down from the present levels and plunges beneath $148. For the time being, the stop misfortune on the long positions can be kept up at $135. The stops can be trailed to $145 after the pair closes (UTC time) above $177.