{"id":467505,"date":"2021-07-15T05:28:00","date_gmt":"2021-07-15T05:28:00","guid":{"rendered":"https:\/\/wncen.com\/?p=467505"},"modified":"2024-06-11T13:57:04","modified_gmt":"2024-06-11T13:57:04","slug":"ethereum-recovery-faces-hurdles-2k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","title":{"rendered":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control"},"content":{"rendered":"<p><em>Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance near $2,050.<\/em><\/p>\n<ul>\n<li>Ethereum tested the $1,865 zone before it started a decent recovery wave.<\/li>\n<li>The price is still trading well below the $2,050 resistance and the 100 hourly simple moving average.<\/li>\n<li>There was a break above a connecting bearish trend line with resistance near $1,945 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could correct lower, but the bulls must protect $1,950 to avoid more downsides in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Struggles Above $2K<\/h2>\n<p>After a close below $2,000, ethereum extended its decline, similar to <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-attempts-recovery-33k-key\/\" target=\"_blank\" rel=\"noopener \">bitcoin<\/a>. ETH price even broke the $1,920 support level and it settled well below the 100 hourly simple moving average.<\/p>\n<p>A low was formed near $1,865 and the price recently started an upside correction. There was a break above the $1,920 and $1,950 resistance levels. There was also a break above a connecting bearish trend line with resistance near $1,945 on the hourly chart of ETH\/USD.<\/p>\n<p>Ether even climbed above the $2,000 resistance zone. However, the price is struggling near $2,050 and the 100 hourly simple moving average. A high is formed near $2,039 and the price is now moving lower.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-467506\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?resize=1936%2C1127\" alt=\"Ethereum Price\" width=\"1936\" height=\"1127\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=1936 1936w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2021\/07\/Ethereum-9.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<pre>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">ETHUSD on TradingView.com<\/a><\/pre>\n<p>It broke the 23.6% Fib retracement level of the upward move from the $1,865 swing low to $2,040 high. On the upside, the price is clearly facing a strong resistance near the $2,050 zone and the 100 hourly SMA. If ether settles above $2,050, there could be a strong increase. The next <a href=\"https:\/\/wncen.com\/analysis\/eth\/ethereum-tumbles-2k\/\" target=\"_blank\" rel=\"noopener \">major resistance<\/a> is near the $2,080 level.<\/p>\n<h2>Fresh Decline in ETH?<\/h2>\n<p>If Ethereum fails to recover above $2,040 and $2,050, it could continue to move down. An initial support on the downside is near the $1,980 level.<\/p>\n<p>The first major support is near the $1,950 level. The 50% Fib retracement level of the upward move from the $1,865 swing low to $2,040 high is also near the $1,950 level. If ether fails to stay above the $1,950 support, it could decline towards the $1,865 support.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is slowly gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is moving lower towards the 50 level.<\/p>\n<p>Major Support Level \u2013 $1,950<\/p>\n<p>Major Resistance Level \u2013 $2,050<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance near $2,050. Ethereum tested the $1,865 zone before it started a decent recovery wave. The price is still trading well below the $2,050 resistance and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $1,945 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could correct lower, but the bulls must protect $1,950 to avoid more downsides in the near term. Ethereum Price Struggles Above $2K After a close below $2,000, ethereum extended its decline, similar to bitcoin. ETH price even broke the $1,920 support level and it settled well below the 100 hourly simple moving average. A low was formed near $1,865 and the price recently started an upside correction. There was a break above the $1,920 and $1,950 resistance levels. There was also a break above a connecting bearish trend line with resistance near $1,945 on the hourly chart of ETH\/USD. Ether even climbed above the $2,000 resistance zone. However, the price is struggling near $2,050 and the 100 hourly simple moving average. A high is formed near $2,039 and the price is now moving lower. Source: ETHUSD on TradingView.com It broke the 23.6% Fib retracement level of the upward move from the $1,865 swing low to $2,040 high. On the upside, the price is clearly facing a strong resistance near the $2,050 zone and the 100 hourly SMA. If ether settles above $2,050, there could be a strong increase. The next major resistance is near the $2,080 level. Fresh Decline in ETH? If Ethereum fails to recover above $2,040 and $2,050, it could continue to move down. An initial support on the downside is near the $1,980 level. The first major support is near the $1,950 level. The 50% Fib retracement level of the upward move from the $1,865 swing low to $2,040 high is also near the $1,950 level. If ether fails to stay above the $1,950 support, it could decline towards the $1,865 support. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is slowly gaining pace in the bearish zone. Hourly RSI &#8211; The RSI for ETH\/USD is moving lower towards the 50 level. Major Support Level \u2013 $1,950 Major Resistance Level \u2013 $2,050<\/p>\n","protected":false},"author":67,"featured_media":463558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[1946,8686,78803],"class_list":["post-467505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n<title>TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control<\/title>\n<meta name=\"description\" content=\"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control\" \/>\n<meta property=\"og:description\" content=\"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-15T05:28:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:57:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control\",\"datePublished\":\"2021-07-15T05:28:00+00:00\",\"dateModified\":\"2024-06-11T13:57:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\"},\"wordCount\":367,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667\",\"keywords\":[\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\",\"name\":\"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667\",\"datePublished\":\"2021-07-15T05:28:00+00:00\",\"dateModified\":\"2024-06-11T13:57:04+00:00\",\"description\":\"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control","description":"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","og_locale":"en_US","og_type":"article","og_title":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control","og_description":"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance","og_url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-07-15T05:28:00+00:00","article_modified_time":"2024-06-11T13:57:04+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control","datePublished":"2021-07-15T05:28:00+00:00","dateModified":"2024-06-11T13:57:04+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/"},"wordCount":367,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","keywords":["ethereum","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","name":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","datePublished":"2021-07-15T05:28:00+00:00","dateModified":"2024-06-11T13:57:04+00:00","description":"Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-recovery-faces-hurdles-2k\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum","ethusd","ethusdt"],"dateCreated":"2021-07-15T05:28:00Z","datePublished":"2021-07-15T05:28:00Z","dateModified":"2024-06-11T13:57:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-recovery-faces-hurdles-2k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-recovery-faces-hurdles-2k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_1402375832.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_1402375832.jpg?fit=1000%2C667\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2021-07-15T05:28:00Z\",\"datePublished\":\"2021-07-15T05:28:00Z\",\"dateModified\":\"2024-06-11T13:57:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/05\/shutterstock_1402375832.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/467505"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=467505"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/467505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/463558"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=467505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=467505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=467505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}