{"id":511751,"date":"2022-12-08T23:50:12","date_gmt":"2022-12-09T04:50:12","guid":{"rendered":"https:\/\/wncen.com\/?p=511751"},"modified":"2024-06-11T14:31:50","modified_gmt":"2024-06-11T14:31:50","slug":"ethereum-price-strong-1400","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-strong-1400\/","title":{"rendered":"Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400"},"content":{"rendered":"
Ethereum bulls defended the $1,220 support zone against the US Dollar. ETH is rising and might aim a strong bullish wave above the $1,300 resistance zone.<\/em><\/p>\n
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Ethereum remained well bid and strong above the $1,220 zone.<\/li>\n
The price is now trading above $1,250 and the 100 hourly simple moving average.<\/li>\n
There was a break above a major bearish trend line with resistance near $1,245 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is showing positive signs and might eye an upside break above the $1,300 resistance.<\/li>\n<\/ul>\n
Ethereum Price Remains Stable<\/h2>\n
Ethereum price extended its decline below the $1,250 level. ETH even moved below the $1,240 support level and the 100 hourly simple moving average, similar to bitcoin<\/a>.<\/p>\n