Ethereum (ETH) Price Analysis for April 27

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Ethereum (ETH) Price Analysis for April 27
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Can ETH get back to the $2,000 mark by the end of the month? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum

If buyers cannot seize the initiative by the end of the day, the breakout may lead to a drop to the $1,860 zone tomorrow.On the bigger chart, one should pay attention to the important mark of $1,900. In case the closure happens below it, the accumulated energy should be enough for a breakout of $1,800, followed by the test of the support at $1,715.

Such a scenario is relevant until the end of the month.A similar situation can be seen on the weekly time frame as the rate is closer to the support than to the resistance. However, if buyers manage to close the bar above the previous candle low at $1,826, there is a chance to see sideways trading of the main altcoin in the area of $1,850-$1,950 in the coming few weeks.

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