{"id":560721,"date":"2023-11-15T04:58:22","date_gmt":"2023-11-15T04:58:22","guid":{"rendered":"https:\/\/wncen.com\/?p=560721"},"modified":"2024-06-11T07:44:58","modified_gmt":"2024-06-11T07:44:58","slug":"ethereum-price-trims-gains-1920","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-trims-gains-1920\/","title":{"rendered":"Ethereum Price Trims Gains \u2013 These Factors Could Trigger Fresh Increase"},"content":{"rendered":"
Ethereum price started a downside correction and traded below $2,000. ETH must stay above $1,920 to start a fresh increase in the near term.<\/em><\/p>\n
\n
Ethereum is correcting gains and testing the $1,920 support zone.<\/li>\n
The price is trading below $2,000 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance near $2,000 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $2,000 resistance zone in the near term.<\/li>\n<\/ul>\n