{"id":455535,"date":"2021-01-29T05:18:48","date_gmt":"2021-01-29T05:18:48","guid":{"rendered":"https:\/\/wncen.com\/?p=455535"},"modified":"2024-06-11T14:13:02","modified_gmt":"2024-06-11T14:13:02","slug":"ethereum-holding-key-uptrend-1300","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-holding-key-uptrend-1300\/","title":{"rendered":"TA: Ethereum Holding Key Uptrend Support, Why ETH Could Rally To $1,400"},"content":{"rendered":"
Ethereum gained pace above the $1,300 level against the US Dollar, but it struggled near $1,375. ETH price is approaching a major support and it is likely to bounce back above $1,350.<\/em><\/p>\n
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Ethereum faced a strong selling interest near $1,375 and corrected lower.<\/li>\n
The price is approaching the $1,300 support zone and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $1,305 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could test $1,292 before it starts a fresh increase towards $1,350 and $1,375 in the near term.<\/li>\n<\/ul>\n