{"id":446513,"date":"2020-10-15T05:48:42","date_gmt":"2020-10-15T05:48:42","guid":{"rendered":"https:\/\/wncen.com\/?p=446513"},"modified":"2024-06-11T14:07:05","modified_gmt":"2024-06-11T14:07:05","slug":"ethereum-looks-ready-for-another-leg-higher","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-looks-ready-for-another-leg-higher\/","title":{"rendered":"TA: Ethereum Looks Ready For Another Leg Higher Unless It Dives Below $365"},"content":{"rendered":"
Ethereum failed to clear the $388 resistance zone against the US Dollar. ETH price is currently holding the $365 support and it could resume its upward move.<\/em><\/p>\n
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Ethereum corrected lower below the $380 and $375 support levels.<\/li>\n
The price is currently just above the 100 hourly simple moving average, and well above $365.<\/li>\n
There was a break below a short-term rising channel with support near $378 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase unless it dives below the $370 and $365 support levels.<\/li>\n<\/ul>\n