{"id":556185,"date":"2023-10-20T04:07:35","date_gmt":"2023-10-20T04:07:35","guid":{"rendered":"https:\/\/wncen.com\/?p=556185"},"modified":"2024-06-11T11:20:20","modified_gmt":"2024-06-11T11:20:20","slug":"ethereum-price-defies-gravity-1600","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-defies-gravity-1600\/","title":{"rendered":"Ethereum Price Defies Gravity, Here\u2019s What Could Spark Bullish Moves"},"content":{"rendered":"
Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is rising and might rally if it clears the $1,605 resistance.<\/em><\/p>\n
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Ethereum averted more losses below the $1,520 support zone.<\/li>\n
The price is trading above $1,560 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a major bearish trend line with resistance near $1,562 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is moving higher toward the breakout zone at $1,605.<\/li>\n<\/ul>\n