{"id":515844,"date":"2023-01-11T23:48:28","date_gmt":"2023-01-12T04:48:28","guid":{"rendered":"https:\/\/wncen.com\/?p=515844"},"modified":"2024-06-11T14:35:09","modified_gmt":"2024-06-11T14:35:09","slug":"ethereum-price-climbs-5-pc","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-climbs-5-pc\/","title":{"rendered":"Ethereum Price Climbs 5% To Take Out Hurdles, Is Bottom Really In?"},"content":{"rendered":"
Ethereum climbed higher above the $1,350 resistance zone against the US Dollar. ETH tested the $1,420 zone and is currently consolidating gains.<\/em><\/p>\n
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Ethereum started a steady increase above the $1,320 and $1,350 resistance levels.<\/li>\n
The price is now trading above $1,350 and the 100 hourly simple moving average.<\/li>\n
There is a connecting bullish trend line forming with support near $1,345 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start another increase if it stays above the $1,320 support zone.<\/li>\n<\/ul>\n
Ethereum Price Breaks $1,400<\/h2>\n
Ethereum price remained well bid above the $1,300 resistance. ETH settled above the $1,320 resistance zone and started another increase, similar to bitcoin<\/a> above $17,500.<\/p>\n