{"id":438848,"date":"2020-09-18T05:48:39","date_gmt":"2020-09-18T05:48:39","guid":{"rendered":"https:\/\/wncen.com\/?p=438848"},"modified":"2024-06-11T14:16:33","modified_gmt":"2024-06-11T14:16:33","slug":"ethereum-eth-could-surge-past-400","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-could-surge-past-400\/","title":{"rendered":"Ethereum Lacking Momentum, But Here\u2019s Why ETH Could Surge Past $400"},"content":{"rendered":"
Ethereum extended its rise above the $390 zone and traded close to $400 against the US Dollar. ETH price is currently correcting lower and it is likely to find support near $380.<\/em><\/p>\n
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Ethereum is trading in a positive zone and it recently broke the $390 resistance.<\/li>\n
The price traded as high as $395 and settled well above the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $378 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is likely to climb higher above $400 as long as it is above the $375 support zone.<\/li>\n<\/ul>\n