Ethereum price analysis for April 18th, 2018 – Bulls in Charge!

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Ethereum price has been recovering during the past couple of weeks after a bullish wave that had been controlling the market since the latter half of February. However, the market has been moving sideways during most of Tuesday’s trading sessions. A day high of $523.80 was recorded on Tuesday, before dropping down to a day low of $501.50. Earlier today (Wednesday), Ethereum price began to rise again along the upwards trend line that has been apparent on the ETHUSD charts since April 10th, as we will see later. The ETHUSD is about to test an important resistance level around $545.17

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