The Ethereum Project token ETH touched $190 on Sunday, September 15 and closed the previous week with a 5 percent increase.
The ETH/USD pair started trading on Monday by moving all the way up to $198. The coin added 4.2 percent during session and was now close to the psychological level at $200.
The coin continued its good performance on Tuesday, September 17 and stormed pass the mentioned resistance to close at $207. This was the fourth consecutive green candle on the daily chart since the ether surpassed the $180 mark.
During the mid-week session on Wednesday, September 18 the ETH moved North to $210 but is losing some ground in the early hours on September 19.
In general, the ETH/USD pair is in an uptrend making some solid gains since it last visited $180 on September 14. It was 16 percent up for the period to September 18 when it peaked at $210.
We are to see if ETH will turn $200 into solid support or it will slight back to $190. We can expect a correction to sub-$200 levels before making an attempt to climb higher, possibly to $230
The ETH/USD pair started trading on Monday by moving all the way up to $198. The coin added 4.2 percent during session and was now close to the psychological level at $200.
The coin continued its good performance on Tuesday, September 17 and stormed pass the mentioned resistance to close at $207. This was the fourth consecutive green candle on the daily chart since the ether surpassed the $180 mark.
During the mid-week session on Wednesday, September 18 the ETH moved North to $210 but is losing some ground in the early hours on September 19.
In general, the ETH/USD pair is in an uptrend making some solid gains since it last visited $180 on September 14. It was 16 percent up for the period to September 18 when it peaked at $210.
We are to see if ETH will turn $200 into solid support or it will slight back to $190. We can expect a correction to sub-$200 levels before making an attempt to climb higher, possibly to $230