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Ethereum Price Analysis: ETH/USD bulls in reaching distance of a big $200 return

  • Ethereum price is trading in the green by 2.35% in the session on Monday. 

  • ETH/USD bulls have been pushing higher for five consecutive sessions. 

  • A return into the $200 price mark, would very likely restore much buyer faith. 

Ethereum Price Analysis: ETH/USD bulls in reaching distance of a big $200 return
Ken ChigboKen ChigboIndependent Analyst

ETH/USD weekly chart

The price is currently running at five consecutive sessions in the green, on a good path to recovering the drop seen in March. 

ETH/USD daily chart

The price is on a strong daily run to the north, but bulls must now break $200 to the upside, likely providing a greater wave of upside momentum. 


 

Spot rate:                      153.38

Relative change:          -3.35%

High:                             199.26

Low:                              193.76

ETH/USD

Overview
Today last price194.83
Today Daily Change-2.91
Today Daily Change %-1.47
Today daily open197.74
 
Trends
Daily SMA20172.68
Daily SMA50153.92
Daily SMA100186.14
Daily SMA200172.53
 
Levels
Previous Daily High199.9
Previous Daily Low192.55
Previous Weekly High194.46
Previous Weekly Low166.66
Previous Monthly High252.76
Previous Monthly Low89.65
Daily Fibonacci 38.2%197.1
Daily Fibonacci 61.8%195.36
Daily Pivot Point S1193.56
Daily Pivot Point S2189.38
Daily Pivot Point S3186.21
Daily Pivot Point R1200.92
Daily Pivot Point R2204.09
Daily Pivot Point R3208.27

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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