{"id":508276,"date":"2022-10-28T08:30:53","date_gmt":"2022-10-28T08:30:53","guid":{"rendered":"https:\/\/wncen.com\/?p=508276"},"modified":"2024-06-11T14:28:08","modified_gmt":"2024-06-11T14:28:08","slug":"ethereum-price-corrects-1450","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-corrects-1450\/","title":{"rendered":"Ethereum Price Corrects But This Level Could Trigger Fresh Increase"},"content":{"rendered":"
Ethereum started a downside correction from $1,600 against the US Dollar. ETH could start a fresh increase if it stays above the $1,450 support.<\/em><\/p>\n
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Ethereum is correcting gains from the $1,580 and $1,600 resistance levels.<\/li>\n
The price is now trading above $1,450 and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $1,540 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 $1,450 support zone.<\/li>\n<\/ul>\n