Bitcoin and Ethereum: Ethereum breaks above the $1900 level

<div><img width="1200" height="842" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/04/Le-Bitcoin-casse-a-nouveau-les-30-000-dollars-mardi-18-avril-2023.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Le Bitcoin casse à nouveau les 30 000 dollars mardi 18 avril 2023" decoding="async" loading="lazy" /></div><h1><b>Bitcoin and Ethereum: Ethereum breaks above the $1900 level</b></h1>
<ul>
<li aria-level="1">Bitcoin price manages to hold above the $35000 level.</li>
<li aria-level="1">Over the weekend, the price of Ethereum climbed to the $1913 level, forming a new three-month high price there.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>Bitcoin price manages to hold above the $35000 level. Over the weekend, we got support at the $34600 level, which resulted in a jump to $35400 at the start of this week. We need a continuation of the positive consolidation in order to retest that level and move above. Potential higher targets are $35600 and $35800 levels.</p>
<p>For a bearish option, we need a negative <a href="https://www.financebrokerage.com/the-dollar-index-with-bullish-consolidation-rises-to-101-00/">consolidation</a> and a fall in the bitcoin price below the EMA50 and $34600 level. This would have the effect of increasing the pressure on Bitcoin, which would lead to the formation of a new low below the EMA50. Potential lower targets are $34400 and $34200 levels. We may even test the $34000 level.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-238318 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/jnrrmCdh-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>Over the weekend, the price of Ethereum climbed to the $1913 level, forming a new three-month high price there. After that, we see a stop at that level and a slight pullback to the $1870 level. We are currently holding at $1895 and expect the price to return above the $1900 level. Then we would have to maintain it up there in order to form a new bottom from which we start further growth to higher levels on the chart.</p>
<p>Potential higher targets are the $1920 and $1930 levels. For a bearish option, we need a negative consolidation and a price pullback below the $1880 level. After that, we would again have the opportunity to test the support at the $1870 level.</p>
<p>A break below would increase pressure on the price to continue its pullback to lower levels. Potential lower targets are $1860 and $1850 levels. Additional support for the price of Ethereum could be found in the EMA50 moving average in the zone around the $1840 level.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-238319 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/1KINZzpV-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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