Ethereum (ETH) Price Analysis – April 17
After trending on a long decline, ETH market has changed the trend to the upward movement, breaking up the important $200 level to the peak of $280 before the sell-off which has positioned the ETH market in a bearish trend. Currently, the token is trading at around $230 level of 0.033BTC equivalent
Resistance levels: $260, $280
Support levels: $210, $200
Looking at the market structure, it is clear that Ethereum has been trending higher for that past two weeks after a rise-up at $150 level.
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