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{"id":504921,"date":"2022-10-05T04:08:21","date_gmt":"2022-10-05T04:08:21","guid":{"rendered":"https:\/\/wncen.com\/?p=504921"},"modified":"2024-06-11T14:27:03","modified_gmt":"2024-06-11T14:27:03","slug":"ethereum-price-aim-1500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-aim-1500\/","title":{"rendered":"TA: Ethereum Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher"},"content":{"rendered":"

Ethereum cleared the key $1,350 resistance zone against the US Dollar. ETH is rising and might climb further higher towards the $1,500 resistance zone.<\/em><\/p>\n

\n
Ethereum is slowly moving higher and trading above the $1,350 level.<\/li>\n
The price is now trading above $1,350 and the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to rise if there is a clear move above the $1,370 resistance.<\/li>\n<\/ul>\n
Ethereum Price Eyes More Upsides<\/h2>\n
Ethereum formed a support base<\/a> above the $1,250 level. ETH remained strong and started a steady increase above the $1,300 level. The price was able to clear the $1,320 resistance zone and the 100 hourly simple moving average.<\/p>\n
There was also a move above the $1,350 level. It traded as high as $1,369 and is currently consolidating gains. Ether price is now trading above $1,350 and the 100 hourly simple moving average<\/a>. The price is also trading above the 23.6% Fib retracement level of the upward move from the $1,268 swing low to $1,369 high.<\/p>\n
Besides, there is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH\/USD. On the upside, the price is facing resistance near the $1,370 zone.<\/p>\n
$\"Ethereum$ <\/a><\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/p>\n
A clear break above $1,370 might start another increase towards the $1,400 level. If the bulls remain in action, the price could rise towards the $1,450 level. Any more gains may perhaps open the doors for a move towards the $1,500 resistance zone. The next major resistance sits near the $1,550 level.<\/p>\n
Dips Limited in ETH?<\/h2>\n
If ethereum fails to climb above the $1,360 resistance, it could start a downside correction. An initial support on the downside is near the $1,350 level and the trend line.<\/p>\n
The next major support is near the $1,320 level. It is near the 50% Fib retracement level of the upward move from the $1,268 swing low to $1,369 high. A downside break below the $1,320 level might send the price towards the $1,275 support.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is now gaining momentum in the bullish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now well above the 50 level.<\/p>\n
Major Support Level \u2013 $1,320<\/p>\n
Major Resistance Level \u2013 $1,370<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum cleared the key $1,350 resistance zone against the US Dollar. ETH is rising and might climb further higher towards the $1,500 resistance zone. Ethereum is slowly moving higher and trading above the $1,350 level. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $1,370 resistance. Ethereum Price Eyes More Upsides Ethereum formed a support base above the $1,250 level. ETH remained strong and started a steady increase above the $1,300 level. The price was able to clear the $1,320 resistance zone and the 100 hourly simple moving average. There was also a move above the $1,350 level. It traded as high as $1,369 and is currently consolidating gains. Ether price is now trading above $1,350 and the 100 hourly simple moving average. The price is also trading above the 23.6% Fib retracement level of the upward move from the $1,268 swing low to $1,369 high. Besides, there is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH\/USD. On the upside, the price is facing resistance near the $1,370 zone. Source: ETHUSD on TradingView.com A clear break above $1,370 might start another increase towards the $1,400 level. If the bulls remain in action, the price could rise towards the $1,450 level. Any more gains may perhaps open the doors for a move towards the $1,500 resistance zone. The next major resistance sits near the $1,550 level. Dips Limited in ETH? If ethereum fails to climb above the $1,360 resistance, it could start a downside correction. An initial support on the downside is near the $1,350 level and the trend line. The next major support is near the $1,320 level. It is near the 50% Fib retracement level of the upward move from the $1,268 swing low to $1,369 high. A downside break below the $1,320 level might send the price towards the $1,275 support. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is now gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH\/USD is now well above the 50 level. Major Support Level \u2013 $1,320 Major Resistance Level \u2013 $1,370<\/p>\n","protected":false},"author":67,"featured_media":504923,"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":[8323,1946,8686,78803],"class_list":["post-504921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nTA: Ethereum Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher<\/title>\n<meta name=\"description\" content=\"Ethereum cleared the key $1,350 resistance zone against the US Dollar. 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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 Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-aim-1500\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-aim-1500\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545"},"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":["eth","ethereum","ethusd","ethusdt"],"dateCreated":"2022-10-05T04:08:21Z","datePublished":"2022-10-05T04:08:21Z","dateModified":"2024-06-11T14:27:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-aim-1500\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-aim-1500\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_103793088_s-2019.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545\"},\"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\":[\"eth\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2022-10-05T04:08:21Z\",\"datePublished\":\"2022-10-05T04:08:21Z\",\"dateModified\":\"2024-06-11T14:27:03Z\"}<\/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\/2022\/10\/Depositphotos_103793088_s-2019.jpg?fit=999%2C545","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/504921","targetHints":{"allow":["GET"]}}],"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=504921"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/504921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/504923"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=504921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=504921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=504921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}