{"id":446375,"date":"2020-10-14T05:48:59","date_gmt":"2020-10-14T05:48:59","guid":{"rendered":"https:\/\/wncen.com\/?p=446375"},"modified":"2024-06-11T14:07:01","modified_gmt":"2024-06-11T14:07:01","slug":"ta-ethereum-could-resume-its-rally-above-385-key-supports-nearby","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-could-resume-its-rally-above-385-key-supports-nearby\/","title":{"rendered":"TA: Ethereum Could Resume Its Rally Above $385, Key Supports Nearby"},"content":{"rendered":"
Ethereum corrected lower after testing the $395 resistance against the US Dollar. ETH price is currently following the 100 hourly SMA, and it could resume its rally above $385.<\/em><\/p>\n
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Ethereum is following a nice bullish trend above the $375 and $380 levels.<\/li>\n
The price is trading above the 100 hourly simple moving average, but it facing hurdles near $385.<\/li>\n
There is a major bullish trend line forming with support near $377 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rally if it clears the $385 resistance level, else it could decline sharply below $375.<\/li>\n<\/ul>\n