{"id":544373,"date":"2023-07-26T04:52:21","date_gmt":"2023-07-26T04:52:21","guid":{"rendered":"https:\/\/wncen.com\/?p=544373"},"modified":"2024-06-11T14:39:03","modified_gmt":"2024-06-11T14:39:03","slug":"ethereum-price-declines-1830","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-declines-1830\/","title":{"rendered":"Ethereum Price Poised for Further Declines Unless this Level Gives Way"},"content":{"rendered":"
Ethereum price is recovering from the $1,830 zone against the US Dollar. ETH could extend its decline if it stays below the $1,880 resistance.<\/em><\/p>\n
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Ethereum is slowly moving higher from the $1,830 zone.<\/li>\n
The price is trading below $1,870 and the 100-hourly Simple Moving Average.<\/li>\n
There is a short-term bullish rising channel forming with support near $1,850 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could struggle to rise above the $1,870 and $1,880 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Faces Resistance<\/h2>\n
Ethereum\u2019s price extended its decline below the $1,900 level. ETH even traded below the $1,850 level to move into a bearish zone, similar to Bitcoin<\/a>.<\/p>\n