{"id":367762,"date":"2019-01-10T04:08:15","date_gmt":"2019-01-10T04:08:15","guid":{"rendered":"https:\/\/uniquehot.com\/?p=367762"},"modified":"2024-06-11T13:07:59","modified_gmt":"2024-06-11T13:07:59","slug":"ethereum-price-analysis-eth-sellers-could-gain-control-below-146","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum-price-analysis-eth-sellers-could-gain-control-below-146\/","title":{"rendered":"Ethereum Price Analysis: ETH Sellers Could Gain Control Below $146"},"content":{"rendered":"
Key Highlights<\/p>\n
Ethereum price is trading in a tight range against the US Dollar and bitcoin. ETH\/USD remains at a risk of a downside break as long as it is below $154.<\/em><\/p>\n After forming a support base near $146<\/a>, ETH price recovered a few points against the US Dollar. The ETH\/USD pair traded above the $148 and $150 resistance levels. There was also a break above the 23.6% Fib retracement level of the last slide from the $160 high to $146 swing low. However, the upside move was capped by the $153-154 resistance zone. There was also no proper close above $152 and the 100 hourly simple moving average. Besides, the 50% Fib retracement level of the last slide from the $160 high to $146 swing low acted as a resistance.<\/p>\n The price declined again and moved below the $152 level and the 100 hourly SMA. It is currently consolidating near the $150 level, with a minor bearish angle. On the upside, there is a strong resistance formed near $154. There are also two major bearish trend lines formed with resistance at $152 and $154 on the hourly chart of ETH\/USD. Above the trend lines, the price could trade towards the $157 resistance area. A clear break above $157 and 76.4% Fib retracement level of the last slide<\/a> may push the price towards $160.<\/p>\n <\/p>\nEthereum Price Analysis<\/h3>\n