{"id":377827,"date":"2019-04-10T04:08:02","date_gmt":"2019-04-10T04:08:02","guid":{"rendered":"https:\/\/uniquehot.com\/?p=377827"},"modified":"2024-06-11T13:39:16","modified_gmt":"2024-06-11T13:39:16","slug":"ethereum-eth-price-signaling-bullish-continuation-above-180","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/","title":{"rendered":"Ethereum (ETH) Price Signaling Bullish Continuation Above $180"},"content":{"rendered":"<ul>\n<li>ETH price corrected lower and found support near the $174 level against the US Dollar.<\/li>\n<li>The price found a strong buying interest and it is currently moving higher towards $185.<\/li>\n<li>Yesterday\u2019s highlighted important bullish trend line is active with support at $175 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair is showing positive signs above the $175 level and it could continue to move higher.<\/li>\n<\/ul>\n<p><em>Ethereum price is holding key support levels versus the US Dollar and <a href=\"https:\/\/uniquehot.com\/2019\/04\/09\/bitcoin-btc-price-primed-for-gains-until-bears-break-5000\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. ETH is slowly climbing higher and it is likely to continue towards the $184 and $185 levels.<\/em><\/p>\n<h2>Ethereum Price Analysis<\/h2>\n<p>Recently, there was a fresh downside correction from the $188 swing high in Ethereum price against the US Dollar. The ETH\/USD pair declined below the $184 and $180 support levels. The price even broke the $176 level, but it found a <a href=\"https:\/\/uniquehot.com\/2019\/04\/09\/ethereum-eth-price-hesitates-but-further-gains-seem-likely\/\" target=\"_blank\" rel=\"noopener noreferrer \">strong buying interest<\/a> near the $174 level. Moreover, the 61.8% Fib retracement level of the last leg from the $164 low to $188 high acted as a support. The price formed a decent support base above the $174 level and it recently moved higher.<\/p>\n<p>It broke the $176 resistance and the 23.6% Fib retracement level of the recent drop from the $188 swing high to $174 low. More importantly, there was a break above a connecting bearish trend line with resistance at $177 on the hourly chart of ETH\/USD. It opened the doors for more gains and the price recently tested the $180 level. It seems like the 50% Fib retracement level of the recent drop from the $188 swing high to $174 low is acting as a short term resistance.<\/p>\n<p>If the price corrects lower, it is likely to find a decent buying interest near the $176 or $175 levels. Besides, yesterday\u2019s highlighted important bullish trend line is active with support at $175 on the same chart. Therefore, it seems like Ethereum remains well supported on the downside near the $175 and $174 levels. On the upside, a break above the $180 level could push the price towards the $184 and $185 resistance levels.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-377828\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?resize=1828%2C868\" alt=\"Ethereum Price Analysis ETH Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=1828 1828w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/04\/Ethereum-8.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, Ethereum price is placed nicely in a positive zone above the $174 swing support. Only a close below the $174 level and the 100 hourly simple moving average could start a fresh decline. If not, the price is likely to continue higher towards $185. Above $185, the next stop for buyers could be near $188 or $190.<\/p>\n<h2>ETH Technical Indicators<\/h2>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is slowly gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD climbed higher above the 50 and 55 levels.<\/p>\n<p>Major Support Level \u2013 $175<\/p>\n<p>Major Resistance Level \u2013 $185<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ETH price corrected lower and found support near the $174 level against the US Dollar. The price found a strong buying interest and it is currently moving higher towards $185. Yesterday\u2019s highlighted important bullish trend line is active with support at $175 on the hourly chart of ETH\/USD (data feed via Kraken). The pair is showing positive signs above the $175 level and it could continue to move higher. Ethereum price is holding key support levels versus the US Dollar and bitcoin. ETH is slowly climbing higher and it is likely to continue towards the $184 and $185 levels. Ethereum Price Analysis Recently, there was a fresh downside correction from the $188 swing high in Ethereum price against the US Dollar. The ETH\/USD pair declined below the $184 and $180 support levels. The price even broke the $176 level, but it found a strong buying interest near the $174 level. Moreover, the 61.8% Fib retracement level of the last leg from the $164 low to $188 high acted as a support. The price formed a decent support base above the $174 level and it recently moved higher. It broke the $176 resistance and the 23.6% Fib retracement level of the recent drop from the $188 swing high to $174 low. More importantly, there was a break above a connecting bearish trend line with resistance at $177 on the hourly chart of ETH\/USD. It opened the doors for more gains and the price recently tested the $180 level. It seems like the 50% Fib retracement level of the recent drop from the $188 swing high to $174 low is acting as a short term resistance. If the price corrects lower, it is likely to find a decent buying interest near the $176 or $175 levels. Besides, yesterday\u2019s highlighted important bullish trend line is active with support at $175 on the same chart. Therefore, it seems like Ethereum remains well supported on the downside near the $175 and $174 levels. On the upside, a break above the $180 level could push the price towards the $184 and $185 resistance levels. Looking at the chart, Ethereum price is placed nicely in a positive zone above the $174 swing support. Only a close below the $174 level and the 100 hourly simple moving average could start a fresh decline. If not, the price is likely to continue higher towards $185. Above $185, the next stop for buyers could be near $188 or $190. ETH Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is slowly gaining momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH\/USD climbed higher above the 50 and 55 levels. Major Support Level \u2013 $175 Major Resistance Level \u2013 $185<\/p>\n","protected":false},"author":67,"featured_media":328920,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[8323,1946],"class_list":["post-377827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eth","tag-ethereum"],"acf":[],"yoast_head":"\n<title>Ethereum (ETH) Price Signaling Bullish Continuation Above $180<\/title>\n<meta name=\"description\" content=\"Ethereum price is holding key support levels versus the US Dollar and bitcoin. 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ETH is slowly climbing higher and it is likely to continue towards the $184 and $185 levels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-10T04:08:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:39:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ethereum (ETH) Price Signaling Bullish Continuation Above $180\",\"datePublished\":\"2019-04-10T04:08:02+00:00\",\"dateModified\":\"2024-06-11T13:39:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/\"},\"wordCount\":420,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\",\"keywords\":[\"ETH\",\"ethereum\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/\",\"name\":\"Ethereum (ETH) Price Signaling Bullish Continuation Above $180\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-eth-price-signaling-bullish-continuation-above-180\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\",\"datePublished\":\"2019-04-10T04:08:02+00:00\",\"dateModified\":\"2024-06-11T13:39:16+00:00\",\"description\":\"Ethereum price is holding key support levels versus the US Dollar and bitcoin. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. 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