{"id":419541,"date":"2020-03-31T03:28:26","date_gmt":"2020-03-31T03:28:26","guid":{"rendered":"https:\/\/wncen.com\/?p=419541"},"modified":"2024-06-11T13:46:59","modified_gmt":"2024-06-11T13:46:59","slug":"ethereum-eth-could-fail-again","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/","title":{"rendered":"Ethereum Defies Gravity But Here Is Why It Could Fail Again"},"content":{"rendered":"<p><em>Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.<\/em><\/p>\n<ul>\n<li>Ethereum gained traction and it broke the $130 ad $132 resistance levels against the US Dollar.<\/li>\n<li>The price is currently facing a major resistance near the $135 level (the previous support).<\/li>\n<li>There is a short term declining channel or a flag pattern forming with resistance near $135 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could either rally above the $135 barrier or it might restart its downward move.<\/li>\n<\/ul>\n<h2>Ethereum Price Testing Key Resistance<\/h2>\n<p>After tagging the <a href=\"https:\/\/wncen.com\/2020\/03\/30\/ethereum-price-plunges-to-125-can-bulls-save-the-day\/\" target=\"_blank\" rel=\"noopener noreferrer \">$125 support area<\/a>, Ethereum started a fresh upward move against the US Dollar. ETH price was able to clear the $130 resistance area to move into a positive zone.<\/p>\n<p>The bulls were able to push the price above the $132 level and the 100 hourly simple moving average. The price is up more than 5%, but it is now facing a strong hurdle near the $135 area (the previous support zone).<\/p>\n<p>Ethereum made a couple of attempts to clear the $135 barrier, but it failed. It is currently trading near the 23.6% Fib retracement level of the recent rise from the $124 low to $135 high.<\/p>\n<p>It seems like there is a short term declining channel or a flag pattern forming with resistance near $135 on the hourly <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a> of ETH\/USD. If the bulls are able to clear the $135 resistance area, there are chances of a steady rise towards the $140 and $145 resistance levels.<\/p>\n<figure id=\"attachment_419542\" aria-describedby=\"caption-attachment-419542\" style=\"width: 1942px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-419542\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?resize=1942%2C1143\" alt=\"Ethereum Price\" width=\"1942\" height=\"1143\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=1942 1942w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/03\/Ethereum-29.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-419542\" class=\"wp-caption-text\">Ethereum Price<\/figcaption><\/figure>\n<p>Any further gains may perhaps start a nice uptrend and the price is likely to test the $155 resistance zone.<\/p>\n<h2>Another Drop?<\/h2>\n<p>If Ethereum continues to struggle near the $135 resistance, it could decline again. An initial support is near the channel support and the 100 hourly SMA.<\/p>\n<p>A clear break below the $132 level could lead the price towards the $130 support. The 50% Fib retracement level of the recent rise from the $124 low to $135 high is also near the $130 level. Any further losses are likely to accelerate the decline and the price might test the $124 low.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is currently losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is currently correcting lower and it is approaching the 50 level.<\/p>\n<p>Major Support Level \u2013 $130<\/p>\n<p>Major Resistance Level \u2013 $135<\/p>\n<p><a href=\"https:\/\/www.plus500.com\/?id=121277&amp;pl=2\" target=\"_blank\" rel=\"noopener nofollow\">Take advantage of the trading opportunities with Plus500<\/a><\/p>\n<p>Risk disclaimer: 76.4% of retail CFD accounts lose money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls. Ethereum gained traction and it broke the $130 ad $132 resistance levels against the US Dollar. The price is currently facing a major resistance near the $135 level (the previous support). There is a short term declining channel or a flag pattern forming with resistance near $135 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could either rally above the $135 barrier or it might restart its downward move. Ethereum Price Testing Key Resistance After tagging the $125 support area, Ethereum started a fresh upward move against the US Dollar. ETH price was able to clear the $130 resistance area to move into a positive zone. The bulls were able to push the price above the $132 level and the 100 hourly simple moving average. The price is up more than 5%, but it is now facing a strong hurdle near the $135 area (the previous support zone). Ethereum made a couple of attempts to clear the $135 barrier, but it failed. It is currently trading near the 23.6% Fib retracement level of the recent rise from the $124 low to $135 high. It seems like there is a short term declining channel or a flag pattern forming with resistance near $135 on the hourly chart of ETH\/USD. If the bulls are able to clear the $135 resistance area, there are chances of a steady rise towards the $140 and $145 resistance levels. Any further gains may perhaps start a nice uptrend and the price is likely to test the $155 resistance zone. Another Drop? If Ethereum continues to struggle near the $135 resistance, it could decline again. An initial support is near the channel support and the 100 hourly SMA. A clear break below the $132 level could lead the price towards the $130 support. The 50% Fib retracement level of the recent rise from the $124 low to $135 high is also near the $130 level. Any further losses are likely to accelerate the decline and the price might test the $124 low. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is currently losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH\/USD is currently correcting lower and it is approaching the 50 level. Major Support Level \u2013 $130 Major Resistance Level \u2013 $135 Take advantage of the trading opportunities with Plus500 Risk disclaimer: 76.4% of retail CFD accounts lose money.<\/p>\n","protected":false},"author":67,"featured_media":412027,"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":[8323,1946,8686],"class_list":["post-419541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ethereum","category-analysis","tag-eth","tag-ethereum","tag-ethusd"],"acf":[],"yoast_head":"\n<title>Ethereum Defies Gravity But Here Is Why It Could Fail Again<\/title>\n<meta name=\"description\" content=\"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.\" \/>\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-eth-could-fail-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Defies Gravity But Here Is Why It Could Fail Again\" \/>\n<meta property=\"og:description\" content=\"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\" \/>\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=\"2020-03-31T03:28:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:46:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"769\" \/>\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-eth-could-fail-again\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ethereum Defies Gravity But Here Is Why It Could Fail Again\",\"datePublished\":\"2020-03-31T03:28:26+00:00\",\"dateModified\":\"2024-06-11T13:46:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769\",\"keywords\":[\"ETH\",\"ethereum\",\"ethusd\"],\"articleSection\":[\"Cryptocurrency Market News\",\"Ethereum\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\",\"name\":\"Ethereum Defies Gravity But Here Is Why It Could Fail Again\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769\",\"datePublished\":\"2020-03-31T03:28:26+00:00\",\"dateModified\":\"2024-06-11T13:46:59+00:00\",\"description\":\"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769\",\"width\":1000,\"height\":769,\"caption\":\"Ethereum At Risk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Defies Gravity But Here Is Why It Could Fail Again\"}]},{\"@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 Defies Gravity But Here Is Why It Could Fail Again","description":"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.","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-eth-could-fail-again\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Defies Gravity But Here Is Why It Could Fail Again","og_description":"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.","og_url":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-03-31T03:28:26+00:00","article_modified_time":"2024-06-11T13:46:59+00:00","og_image":[{"width":1000,"height":769,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769","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-eth-could-fail-again\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Ethereum Defies Gravity But Here Is Why It Could Fail Again","datePublished":"2020-03-31T03:28:26+00:00","dateModified":"2024-06-11T13:46:59+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/"},"wordCount":419,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769","keywords":["ETH","ethereum","ethusd"],"articleSection":["Cryptocurrency Market News","Ethereum","Technical analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/","url":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/","name":"Ethereum Defies Gravity But Here Is Why It Could Fail Again","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769","datePublished":"2020-03-31T03:28:26+00:00","dateModified":"2024-06-11T13:46:59+00:00","description":"Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769","width":1000,"height":769,"caption":"Ethereum At Risk"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Defies Gravity But Here Is Why It Could Fail Again"}]},{"@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 Defies Gravity But Here Is Why It Could Fail Again","url":"http:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum-eth-could-fail-again\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_127419983.jpg?fit=1000%2C769"},"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","ethusd"],"dateCreated":"2020-03-31T03:28:26Z","datePublished":"2020-03-31T03:28:26Z","dateModified":"2024-06-11T13:46:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Defies Gravity But Here Is Why It Could Fail Again\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum-eth-could-fail-again\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum-eth-could-fail-again\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_127419983.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_127419983.jpg?fit=1000%2C769\"},\"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\",\"ethusd\"],\"dateCreated\":\"2020-03-31T03:28:26Z\",\"datePublished\":\"2020-03-31T03:28:26Z\",\"dateModified\":\"2024-06-11T13:46:59Z\"}<\/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\/01\/shutterstock_127419983.jpg?fit=1000%2C769","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/419541","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=419541"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/419541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/412027"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=419541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=419541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=419541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}