{"id":474893,"date":"2021-10-29T05:58:16","date_gmt":"2021-10-29T05:58:16","guid":{"rendered":"https:\/\/wncen.com\/?p=474893"},"modified":"2024-06-11T13:59:54","modified_gmt":"2024-06-11T13:59:54","slug":"ethereum-rally-gathers-pace-4400","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-rally-gathers-pace-4400\/","title":{"rendered":"TA: Ethereum Rally Gathers Pace, Why Uptrend Isn\u2019t Over Yet"},"content":{"rendered":"
Ethereum started a fresh rally above the $4,200 resistance against the US Dollar. ETH broke the $4,350 level and it could continue to rise in the near term.<\/em><\/p>\n
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Ethereum started a fresh increase above the $4,200 and $4,300 resistance levels.<\/li>\n
The price is now trading above $4,300 and the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $4,250 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it stays above the $4,250 support zone.<\/li>\n<\/ul>\n