{"id":545112,"date":"2023-07-31T04:07:53","date_gmt":"2023-07-31T04:07:53","guid":{"rendered":"https:\/\/wncen.com\/?p=545112"},"modified":"2024-06-11T14:39:12","modified_gmt":"2024-06-11T14:39:12","slug":"ethereum-price-recovery-fade-1900-2","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-recovery-fade-1900-2\/","title":{"rendered":"Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,900"},"content":{"rendered":"
Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900.<\/em><\/p>\n
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Ethereum is facing major resistance near $1,880 and $1,900.<\/li>\n
The price is trading below $1,875 and the 100-hourly Simple Moving Average.<\/li>\n
Earlier, there was a break below a key bullish trend line with support near $1,870 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is now struggling to rise above the same trend line and $1,880.<\/li>\n<\/ul>\n
Ethereum Price Faces Key Resistance<\/h2>\n
Ethereum\u2019s price failed to clear the $1,885 resistance and started a fresh decline. ETH declined below the $1,875 and $1,870 levels within a range, similar to Bitcoin<\/a>.<\/p>\n