It managed to rebound from $438 (August 2018 Highs) and climb over the week. The coin had climbed into the September High-Day closing price at $475 last Friday and headed lower over the weekend.
Source: TradingView EthereumĮthereum witnessed a smaller 10% price surge this week, but it still managed to break the $500 resistance level. On the other side, the first level of support lies at $18,400. Thanks for subscribing, you will get your first report in the next hours! Looking ahead, the first level of resistance is expected at $18,933 (1.618 Fib Extension). Today, Bitcoin has surged back above $18,000 and managed to push beyond $18,400, to reach the current $18,800 level. It dropped lower from there over the past two days but managed to remain support at $17,600. The bull run continued higher throughout the week until resistance was found at around $18,200.
It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186.
This change on Monday, when Bitcoin started to surge higher. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend. Bitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800.
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