{"id":420147,"date":"2020-04-07T03:28:41","date_gmt":"2020-04-07T03:28:41","guid":{"rendered":"https:\/\/wncen.com\/?p=420147"},"modified":"2024-06-11T13:47:13","modified_gmt":"2024-06-11T13:47:13","slug":"ethereum-eth-rallies-struggles-100-day-sma","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-rallies-struggles-100-day-sma\/","title":{"rendered":"Ethereum Rallies 20% But Fails To Surpass 100-day SMA"},"content":{"rendered":"
Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average.<\/em><\/p>\n
\n
Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar.<\/li>\n
The price even tested the $175 resistance and the 100-day simple moving average.<\/li>\n
There is a crucial bearish trend line forming with resistance near $182 on the daily chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must climb above the $180 resistance and the 100-day SMA to move into a larger uptrend.<\/li>\n<\/ul>\n