Ethereum (ETHUSD) Price Remains Strong above the $1,813.00 Resistance Zone

Ethereum (ETHUSD) Price Forecast: April 28

The ETHUSD pair is gaining traction and remains strong above the $1,813 resistance area, suggesting a buying signal for the coin holders. In case the bulls’ pressure breaks up the resistance level of $1,919.15, the coin price may increase further to a $1,950.00 high trend line, which indeed will be a turnaround for the coin holders.

Key Levels:
Resistance Levels: $1800.00 $1900.00, $2000.00
Support Levels: $1400.00, $1300.00, $1200.00

ETH (USD) Long-term Trend: Bullish (4H Chart)

ETHUSD price remains bullish on the higher time frame. The coin price is above the resistance zone, indicating a bullish trend. However, the recent market has favored the bulls.
The coin has been making higher highs and higher lows in previous actions, making it possible for the price to maintain an uptrend in its recent high.

As the 4-hourly session opens, the market price of Ethereum increases significantly to a $1,819.35 high level above the moving average, signaling a potential buy signal or opportunity for coin traders.

The positive momentum comes as the overall sentiment of the cryptocurrency market shows signs of revitalization.

However, a potential breakout above the $1,919.15 peak resistance barrier could bolster the bullish momentum and propel the crypto price toward the upper channel.

Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the ETHUSD price above the $1,919.15 previous high, the resulting rally may surge to hit the $1,950.00 psychological level at the upside in the days ahead in its long-term perspective.

ETH (USD) Short-term Trend: Bullish (1H Chart)

Despite the interference of short-term traders in the price flow, the short-term time frame market shows a bullish race. The price of Ethereum remains above the moving average, indicating buyers are gaining more strength in the market.
The crypto price remains firm above the supply levels in its recent high due to an increasing order flow by the bulls.

Today, the ETHUSD market looks promising as it rises and remains strong above the resistance levels at $1,919.35 amid soaring network activity.

Further, an increase in the buying pressure might lead the crypto price to remain strong above the $1,919.35 current resistance level, obtaining a higher footing to rise higher.

Additionally, there is a possibility of a further increase in the price of Ethereum, if the buy traders increase their price actions and all the current support level holds, a psychological key level at the $1,950 supply level might be reached soon in its lower time frame.

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