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{"id":538656,"date":"2023-06-20T03:31:20","date_gmt":"2023-06-20T03:31:20","guid":{"rendered":"https:\/\/wncen.com\/?p=538656"},"modified":"2024-06-11T14:37:47","modified_gmt":"2024-06-11T14:37:47","slug":"ethereum-price-more-upsides-1750","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-more-upsides-1750\/","title":{"rendered":"Ethereum Price Indicators Suggest Strengthening Case For More Upsides"},"content":{"rendered":"

Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone.<\/em><\/p>\n

\n
Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels.<\/li>\n
The price is trading above $1,720 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise further above the $1,750 and $1,765 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Steadies Above $1,700<\/h2>\n
Ethereum\u2019s price started a steady recovery wave<\/a> above the $1,650 level. ETH was able to settle above the $1,700 resistance zone, similar to Bitcoin<\/a>.<\/p>\n
Recently, the price saw a minor downside correction from the $1,768 high. The price traded below the $1,720 level but the bulls were active near $1,700. A low is formed near $1,698 and the price is again attempting a fresh increase.<\/p>\n
There was a break above the $1,720 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $1,768 swing high to the $1,698 low.<\/p>\n
Ether is now trading above $1,720 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD. Immediate resistance is near the $1,750 level. The next major resistance is near the $1,765 level.<\/p>\n
$\"Ethereum$ <\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/p>\n
A successful move above the $1,750 and $1,765 resistance levels might start a steady recovery wave. The next resistance sits near $1,800, above which Ethereum could rise toward the $1,850 level. Any more gains above the $1,850 resistance zone might send the price toward the $1,920 resistance.<\/p>\n
Ae Dips Supported in ETH?<\/h2>\n
If Ethereum fails to clear the $1,750 resistance, it could start another decline. Initial support on the downside is near the $1,720 level and the trend line.<\/p>\n
The next major support is near the $1,700 level or the recent low. If there is a break and close below the $1,700 support, the price could drop toward the $1,675 support. Any more losses may perhaps send the price toward the $1,620 zone.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now above the 50 level.<\/p>\n
Major Support Level \u2013 $1,700<\/p>\n
Major Resistance Level \u2013 $1,765<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone. Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels. The price is trading above $1,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could rise further above the $1,750 and $1,765 resistance levels. Ethereum Price Steadies Above $1,700 Ethereum\u2019s price started a steady recovery wave above the $1,650 level. ETH was able to settle above the $1,700 resistance zone, similar to Bitcoin. Recently, the price saw a minor downside correction from the $1,768 high. The price traded below the $1,720 level but the bulls were active near $1,700. A low is formed near $1,698 and the price is again attempting a fresh increase. There was a break above the $1,720 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $1,768 swing high to the $1,698 low. Ether is now trading above $1,720 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD. Immediate resistance is near the $1,750 level. The next major resistance is near the $1,765 level. Source: ETHUSD on TradingView.com A successful move above the $1,750 and $1,765 resistance levels might start a steady recovery wave. The next resistance sits near $1,800, above which Ethereum could rise toward the $1,850 level. Any more gains above the $1,850 resistance zone might send the price toward the $1,920 resistance. Ae Dips Supported in ETH? If Ethereum fails to clear the $1,750 resistance, it could start another decline. Initial support on the downside is near the $1,720 level and the trend line. The next major support is near the $1,700 level or the recent low. If there is a break and close below the $1,700 support, the price could drop toward the $1,675 support. Any more losses may perhaps send the price toward the $1,620 zone. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH\/USD is now above the 50 level. Major Support Level \u2013 $1,700 Major Resistance Level \u2013 $1,765<\/p>\n","protected":false},"author":67,"featured_media":511243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,1946,8686,78803],"class_list":["post-538656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Price Indicators Suggest Strengthening Case For More Upsides<\/title>\n<meta name=\"description\" content=\"Ethereum price is showing positive signs above $1,700 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Price Indicators Suggest Strengthening Case For More Upsides","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-more-upsides-1750\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-more-upsides-1750\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/iStock-1045986528.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/iStock-1045986528.jpg?fit=1254%2C836"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ethereum","ethusd","ethusdt"],"dateCreated":"2023-06-20T03:31:20Z","datePublished":"2023-06-20T03:31:20Z","dateModified":"2024-06-11T14:37:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Indicators Suggest Strengthening Case For More Upsides\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-more-upsides-1750\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-more-upsides-1750\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/iStock-1045986528.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/iStock-1045986528.jpg?fit=1254%2C836\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2023-06-20T03:31:20Z\",\"datePublished\":\"2023-06-20T03:31:20Z\",\"dateModified\":\"2024-06-11T14:37:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/iStock-1045986528.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538656"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=538656"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/511243"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=538656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=538656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=538656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}