{"id":417829,"date":"2020-03-12T03:18:58","date_gmt":"2020-03-12T03:18:58","guid":{"rendered":"https:\/\/wncen.com\/?p=417829"},"modified":"2024-06-11T13:43:15","modified_gmt":"2024-06-11T13:43:15","slug":"ethereum-is-diving-and-primed-to-test-165-heres-why","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","title":{"rendered":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why"},"content":{"rendered":"<p><em>Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.<\/em><\/p>\n<ul>\n<li>Ethereum is struggling to recover above the $195 and $200 resistance levels against the US Dollar.<\/li>\n<li>The price is likely to dive further below the $180 support level in the near term.<\/li>\n<li>There is a key bearish trend line forming with resistance near $192 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li><a href=\"https:\/\/wncen.com\/category\/crypto\/bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer \">Bitcoin<\/a> price broke the $7,700 support and it is declining towards the key $7,500 support.<\/li>\n<\/ul>\n<h2>Ethereum Price Could Extend Losses<\/h2>\n<p>After a short term correction, Ethereum faced a <a href=\"https:\/\/wncen.com\/2020\/03\/11\/ethereum-recovery-wont-be-easy-above-212\/\" target=\"_blank\" rel=\"noopener noreferrer \">strong resistance near the $195 level<\/a> against the US Dollar. ETH price declined and traded below the $185 support level.<\/p>\n<p>A new weekly low was formed near $181 and the price settled well below the 100 hourly simple moving average. Recently, there was a minor upward move above the $190 level.<\/p>\n<p>The price surpassed the 23.6% Fib retracement level of the recent decline from the $207 high to $181 low. However, the bulls faced a lot of hurdles near the $195 and $196 levels. There is also a key bearish trend line forming with resistance near $192 on the hourly <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a> of ETH\/USD.<\/p>\n<figure id=\"attachment_417830\" aria-describedby=\"caption-attachment-417830\" style=\"width: 1828px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-417830\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?resize=1828%2C868\" alt=\"Ethereum Price\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-12.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-417830\" class=\"wp-caption-text\">Ethereum Price<\/figcaption><\/figure>\n<p>Ethereum also failed to clear the 50% Fib retracement level of the recent decline from the $207 high to $181 low. It is currently declining and trading near the $182 support area.<\/p>\n<p>If there is a downside break below the $182 support, there is a risk of more downsides in the near term below $180. The next support is near the $172 level, below which the price may perhaps test the $165 support. Any further losses could open the doors for a push towards the $150 level.<\/p>\n<h2>Chances of a Recovery?<\/h2>\n<p>If Ethereum manages to stay above the $182 and $180 support levels, it could make another attempt to correct higher. An initial resistance is near the $192 level.<\/p>\n<p>The first major resistance is near the $1995 level, above which the bulls are likely to make an attempt to push the price above the $205 and $208 resistance levels in the coming days.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is slowly gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is currently well below the 40 level, with a bearish angle.<\/p>\n<p>Major Support Level \u2013 $180<\/p>\n<p>Major Resistance Level \u2013 $195<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term. Ethereum is struggling to recover above the $195 and $200 resistance levels against the US Dollar. The price is likely to dive further below the $180 support level in the near term. There is a key bearish trend line forming with resistance near $192 on the hourly chart of ETH\/USD (data feed via Kraken). Bitcoin price broke the $7,700 support and it is declining towards the key $7,500 support. Ethereum Price Could Extend Losses After a short term correction, Ethereum faced a strong resistance near the $195 level against the US Dollar. ETH price declined and traded below the $185 support level. A new weekly low was formed near $181 and the price settled well below the 100 hourly simple moving average. Recently, there was a minor upward move above the $190 level. The price surpassed the 23.6% Fib retracement level of the recent decline from the $207 high to $181 low. However, the bulls faced a lot of hurdles near the $195 and $196 levels. There is also a key bearish trend line forming with resistance near $192 on the hourly chart of ETH\/USD. Ethereum also failed to clear the 50% Fib retracement level of the recent decline from the $207 high to $181 low. It is currently declining and trading near the $182 support area. If there is a downside break below the $182 support, there is a risk of more downsides in the near term below $180. The next support is near the $172 level, below which the price may perhaps test the $165 support. Any further losses could open the doors for a push towards the $150 level. Chances of a Recovery? If Ethereum manages to stay above the $182 and $180 support levels, it could make another attempt to correct higher. An initial resistance is near the $192 level. The first major resistance is near the $1995 level, above which the bulls are likely to make an attempt to push the price above the $205 and $208 resistance levels in the coming days. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is slowly gaining momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH\/USD is currently well below the 40 level, with a bearish angle. Major Support Level \u2013 $180 Major Resistance Level \u2013 $195<\/p>\n","protected":false},"author":67,"featured_media":417831,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,13625,4],"tags":[8323,1946],"class_list":["post-417829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ethereum","category-analysis","tag-eth","tag-ethereum"],"acf":[],"yoast_head":"\n<title>Ethereum Is Diving And Primed To Test $165: Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why\" \/>\n<meta property=\"og:description\" content=\"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-12T03:18:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:43:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"668\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why\",\"datePublished\":\"2020-03-12T03:18:58+00:00\",\"dateModified\":\"2024-06-11T13:43:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\"},\"wordCount\":394,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\",\"keywords\":[\"ETH\",\"ethereum\"],\"articleSection\":[\"Cryptocurrency Market News\",\"Ethereum\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\",\"name\":\"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\",\"datePublished\":\"2020-03-12T03:18:58+00:00\",\"dateModified\":\"2024-06-11T13:43:15+00:00\",\"description\":\"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\",\"width\":1000,\"height\":668,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why","description":"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why","og_description":"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.","og_url":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-03-12T03:18:58+00:00","article_modified_time":"2024-06-11T13:43:15+00:00","og_image":[{"width":1000,"height":668,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why","datePublished":"2020-03-12T03:18:58+00:00","dateModified":"2024-06-11T13:43:15+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/"},"wordCount":394,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","keywords":["ETH","ethereum"],"articleSection":["Cryptocurrency Market News","Ethereum","Technical analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","url":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","name":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","datePublished":"2020-03-12T03:18:58+00:00","dateModified":"2024-06-11T13:43:15+00:00","description":"Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","width":1000,"height":668,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Is Diving And Primed To Test $165: Here\u2019s Why","url":"http:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum-is-diving-and-primed-to-test-165-heres-why\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ethereum"],"dateCreated":"2020-03-12T03:18:58Z","datePublished":"2020-03-12T03:18:58Z","dateModified":"2024-06-11T13:43:15Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Is Diving And Primed To Test $165: Here\\u2019s Why\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum-is-diving-and-primed-to-test-165-heres-why\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum-is-diving-and-primed-to-test-165-heres-why\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/Ethereum-price-rise-ETHanalysis.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ethereum\"],\"dateCreated\":\"2020-03-12T03:18:58Z\",\"datePublished\":\"2020-03-12T03:18:58Z\",\"dateModified\":\"2024-06-11T13:43:15Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-price-rise-ETHanalysis.jpg?fit=1000%2C668","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/417829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=417829"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/417829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/417831"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=417829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=417829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=417829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}