Ethereum Price Analysis for April, 7th – ETH Aiming High

ethereum-bg4On Tuesday, April 7th, the ETH price is growing confidently, trading at 172.20 USD, says Dmitriy Gurkovskiy, author at RoboForex Blog. The situation on the Ethereum market should still be interpreted as correctional growth after a serious decline. Escaping the consolidation Triangle by a strong impulse upwards, the quotations reached 38.2% Fibo and are aiming at 50.0% (189.45 USD). The ascending MACD lines confirm the bullish trend. The support is at 139.50 USD. Its breakaway will open the way to a low of 89.80 USD. On H1, the ETH/USD quotations have broken the resistance line of the short-term channel of growth,

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