ETHUSDT On April 9, Ether bounced back from the 20-day EMA (
1,831), but the bulls failed to surpass the immediate hurdle at 1,943.In the short term, if the price falls from the current level and breaches the
1,824 mark, the ETH/USDT pair may create a double top pattern. Consequently, the price may plummet to the critical support level at 1,680.To maintain the uptrend, the bears must defend the 20-day EMA and push the pair above the resistance at
1,943. If they succeed, the pair may resume its upward trajectory. While 
2,000 may offer resistance, it is expected to be crossed, and the pair may surge to 2,200.Let me know what you think!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.