{"id":518852,"date":"2023-02-07T04:17:20","date_gmt":"2023-02-07T04:17:20","guid":{"rendered":"https:\/\/wncen.com\/?p=518852"},"modified":"2024-06-11T14:32:15","modified_gmt":"2024-06-11T14:32:15","slug":"ethereum-price-liftoff-1600-support","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-liftoff-1600-support\/","title":{"rendered":"Ethereum Price is About to See \u201cLiftoff\u201d if It\u2019s Able to Hold One Crucial Level"},"content":{"rendered":"
Ethereum corrected lower and tested $1,600 against the US Dollar. ETH is holding the $1,610 support and might attempt a fresh increase.<\/em><\/p>\n
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Ethereum corrected lower, but the bulls are active near the $1,600 zone.<\/li>\n
The price is now trading below $1,640 and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $1,640 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start another increase if it stays above the $1,600 support zone.<\/li>\n<\/ul>\n