{"id":524764,"date":"2023-03-29T04:10:23","date_gmt":"2023-03-29T04:10:23","guid":{"rendered":"https:\/\/wncen.com\/?p=524764"},"modified":"2024-06-11T14:34:39","modified_gmt":"2024-06-11T14:34:39","slug":"ethereum-price-rally-1800","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-rally-1800\/","title":{"rendered":"Ethereum Price Breaking This Confluence Resistance Could Spark Rally"},"content":{"rendered":"
Ethereum price is slowly moving higher above the $1,750 resistance against the US Dollar. ETH could rally if it clears the $1,800 resistance zone.<\/em><\/p>\n
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Ethereum is slowly moving higher above the $1,750 and $1,760 levels.<\/li>\n
The price is trading above $1,750 and the 100 hourly simple moving average.<\/li>\n
There was a break above a major bearish trend line with resistance near $1,745 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise further if it clears the $1,800 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Recovers<\/h2>\n
Ethereum price remained well bid above the $1,700 level. ETH formed a base and started a fresh increase above the $1,740 resistance zone, similar to bitcoin<\/a>.<\/p>\n