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Bitcoin, Ethereum Technical Analysis: ETH Breaks Resistance to Hit 9-Day High – Market Updates Bitcoin News

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ETH races past $3,150 resistance level, to near a 10-day high.

rose for a third session on Wednesday, as bulls continued to push prices higher, following a selloff during the Easter weekend.

The world’s largest cryptocurrency is now up by over $3,000 since Monday’s low of $38,551, and as of writing, is over 3% higher on the day. Today’s price surge raced to an intraday peak of $42,126.30, which is its highest point since April 11.This follows on from yesterday’s bottom of $40,575, and comes as the long-term resistance of $41,175 was broken.

Looking at the chart, the 10-day moving average has begun to shift direction, following a recent downward trend. If this momentum has finally shifted, we could start to see more and more bulls return, and potentially push price towards the upcoming resistance of $42,600.

 

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Thats easy to do when the last 10 days were hot garbage 😂

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Good, but inconsequential to me. Wake me when it hits $7.5K. 🥱

No doubt the price will be much higher at the end of the year

I always wonder who runs this handle? Is it a Bitcoin handle or general Crypto?

Looks like ETH will reach the new ATH this year

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