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{"id":538872,"date":"2023-06-21T03:29:41","date_gmt":"2023-06-21T03:29:41","guid":{"rendered":"https:\/\/wncen.com\/?p=538872"},"modified":"2024-06-11T14:37:49","modified_gmt":"2024-06-11T14:37:49","slug":"ethereum-price-reversed-1920","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-reversed-1920\/","title":{"rendered":"Ethereum Price Just Reversed and $1,920 is Imminent, Here’s Why"},"content":{"rendered":"

Ethereum price is showing positive signs above $1,770 against the US Dollar. ETH could gain bullish momentum if it clears the $1,820 resistance zone.<\/em><\/p>\n

\n
Ethereum is moving higher above the $1,750 and $1,770 resistance levels.<\/li>\n
The price is trading above $1,770 and the 100-hourly Simple Moving Average.<\/li>\n
There is a major bullish trend line forming with support near $1,735 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise further above the $1,820 and $1,850 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Jumps 4%<\/h2>\n
Ethereum\u2019s price formed a support base above the $1,700 level. ETH started a decent increase after Bitcoin rallied above the $27,000 resistance zone<\/a>. It broke the $1,720 resistance to move into a positive zone.<\/p>\n
There was a break above the $1,770 resistance zone. It even spiked above $1,800. A high is formed near $1,826 and the price is now consolidating gains. It is still above the 23.6% Fib retracement level of the recent increase from the $1,715 swing low to the $1,826 high.<\/p>\n
Ether is now trading above $1,770 and the 100-hourly Simple Moving Average<\/a>. There is also a major bullish trend line forming with support near $1,735 on the hourly chart of ETH\/USD.<\/p>\n
$\"Ethereum$ <\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/p>\n
Immediate resistance is near the $1,820 level. The next major resistance is near the $1,850 level. A successful move above the $1,820 and $1,850 resistance levels might send the price further higher. The next resistance sits near $1,920, above which Ethereum could rise toward the $2,000 level. Any more gains above the $2,000 resistance zone might send the price toward the $2,120 resistance.<\/p>\n
Are Dips Limited in ETH?<\/h2>\n
If Ethereum fails to clear the $1,820 resistance, it could start a downside correction. Initial support on the downside is near the $1,770 level.<\/p>\n
The next major support is near the $1,740 level or the recent low. It is close to the 76.4% Fib retracement level of the recent increase from the $1,715 swing low to the $1,826 high. If there is a break and close below the $1,740 support, the price could drop toward the $1,700 support. Any more losses may perhaps send the price toward the $1,650 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 in the overbought zone.<\/p>\n
Major Support Level \u2013 $1,740<\/p>\n
Major Resistance Level \u2013 $1,820<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum price is showing positive signs above $1,770 against the US Dollar. ETH could gain bullish momentum if it clears the $1,820 resistance zone. Ethereum is moving higher above the $1,750 and $1,770 resistance levels. The price is trading above $1,770 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support near $1,735 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could rise further above the $1,820 and $1,850 resistance levels. Ethereum Price Jumps 4% Ethereum\u2019s price formed a support base above the $1,700 level. ETH started a decent increase after Bitcoin rallied above the $27,000 resistance zone. It broke the $1,720 resistance to move into a positive zone. There was a break above the $1,770 resistance zone. It even spiked above $1,800. A high is formed near $1,826 and the price is now consolidating gains. It is still above the 23.6% Fib retracement level of the recent increase from the $1,715 swing low to the $1,826 high. Ether is now trading above $1,770 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support near $1,735 on the hourly chart of ETH\/USD. Source: ETHUSD on TradingView.com Immediate resistance is near the $1,820 level. The next major resistance is near the $1,850 level. A successful move above the $1,820 and $1,850 resistance levels might send the price further higher. The next resistance sits near $1,920, above which Ethereum could rise toward the $2,000 level. Any more gains above the $2,000 resistance zone might send the price toward the $2,120 resistance. Are Dips Limited in ETH? If Ethereum fails to clear the $1,820 resistance, it could start a downside correction. Initial support on the downside is near the $1,770 level. The next major support is near the $1,740 level or the recent low. It is close to the 76.4% Fib retracement level of the recent increase from the $1,715 swing low to the $1,826 high. If there is a break and close below the $1,740 support, the price could drop toward the $1,700 support. Any more losses may perhaps send the price toward the $1,650 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 in the overbought zone. Major Support Level \u2013 $1,740 Major Resistance Level \u2013 $1,820<\/p>\n","protected":false},"author":67,"featured_media":506239,"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-538872","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 Just Reversed and $1,920 is Imminent, Here's Why<\/title>\n<meta name=\"description\" content=\"Ethereum price is showing positive signs above $1,770 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 Just Reversed and $1,920 is Imminent, Here’s Why","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-reversed-1920\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-reversed-1920\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Depositphotos_228885008_s-2019-2.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Depositphotos_228885008_s-2019-2.jpg?fit=1000%2C667"},"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":"2023-06-21T03:29:41Z","datePublished":"2023-06-21T03:29:41Z","dateModified":"2024-06-11T14:37:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Just Reversed and $1,920 is Imminent, Here’s Why\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-reversed-1920\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-reversed-1920\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_228885008_s-2019-2.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_228885008_s-2019-2.jpg?fit=1000%2C667\"},\"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\":\"2023-06-21T03:29:41Z\",\"datePublished\":\"2023-06-21T03:29:41Z\",\"dateModified\":\"2024-06-11T14:37:49Z\"}<\/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\/10\/Depositphotos_228885008_s-2019-2.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538872","targetHints":{"allow":["GET"]}}],"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=538872"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/506239"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=538872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=538872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=538872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}