Ethereum Just Broke Above $767 Today | Bitcoin $9700 going for another all high in 2018

Updated: (Ethereum is now above $800 | Bitcoin $9790)

After some good news and a week of resisting on above $650 Ethereum has jumped today about more than 10% about $100 and is performing in revers of all that happened in March 2018. ETH lost about 50% of the value in March and Feb 2018 and lost the market cap more than any other coin. But now it is Ether that is leading the upside market. While BTC, ETH, BCH and LTC  are following the recent positive predictions by Lee and walletinvestor and others on the second half of 2018 and increasing prices for the cryptocoins we are also seeing support of some big names like Goldman Sachs now more than ever in crypto world.

Ethereum prices upside

Ethereum prices upside

Ethereum Prices Are Going UP 2018, ETH lost about 40% of the value in March and more than any other coin but why? Bad news one after another were hitting the crypto market and all of the coins were experiencing sell off, especially ETH.

This is an important reversal signal formed from the $388 pivot in ETH price against the US Dollar. The price started an upside move and broke a few key barriers such as $450 and $480. It even moved above the $500 level and traded as high as $530.62. It is now trading well above the $520 pivot level and the 100 simple moving average (4-hours), which is a positive sign.

Ethereum price reversal in April 2018

Ethereum price reversal in April 2018

 

The Future And Long Term Forecast for Ethereum Price Prediction:

The predictions specially for the Ethereum ( that is in many ways the most complex and advanced Cryptocurrency) have forcasted a price increase up to $1600 at the end of 2018. Ethereum Price prediction actually paint a very bright future till first Q of 2019 and up to about $1600. By today it has recovered 40% of its price drop in march.

The Future And Ethereum Price Prediction

The Future And Ethereum Price Prediction

https://walletinvestor.com/forecast/ethereum-prediction

 

Tags: News, cryptocurrencies, bitcoin, ethereum, ether, bitcoin price, bitcoin market, bitcoin prediction, ethereum prediction, crypto future, bitcoin news

Mohsen Daemi