{"id":509911,"date":"2022-11-24T05:33:42","date_gmt":"2022-11-24T05:33:42","guid":{"rendered":"https:\/\/wncen.com\/?p=509911"},"modified":"2024-06-11T07:52:51","modified_gmt":"2024-06-11T07:52:51","slug":"ethereum-price-bears-active-1250","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-bears-active-1250\/","title":{"rendered":"Ethereum Price Recovers But Bears Are Not Out Of The Woods Yet"},"content":{"rendered":"
Ethereum started a decent recovery wave above $1,150 against the US Dollar. ETH is now approaching a major hurdle near $1,230 and $1,250.<\/em><\/p>\n
\n
Ethereum started an upside correction above the $1,120 and $1,150 resistance levels.<\/li>\n
The price is now trading above $1,150 and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $1,190 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise further towards $1,230, but the bears might take a strong stand.<\/li>\n<\/ul>\n