{"id":401264,"date":"2019-10-13T06:00:04","date_gmt":"2019-10-13T06:00:04","guid":{"rendered":"https:\/\/uniquehot.com\/?p=401264"},"modified":"2024-06-11T13:09:20","modified_gmt":"2024-06-11T13:09:20","slug":"ethereum-price-weekly-forecast-eth-holding-important-support","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","title":{"rendered":"Ethereum Price Weekly Forecast: ETH Holding Important Support"},"content":{"rendered":"<ul>\n<li>ETH price started a sharp downside correction after trading as high as $198 against the US Dollar.<\/li>\n<li>The price is currently holding an important support area near the $180 level.<\/li>\n<li>There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could extend its decline towards the $175 support area before a fresh increase.<\/li>\n<\/ul>\n<p><em>Ethereum price is struggling to retain its bullish bias against the US Dollar and <a href=\"https:\/\/uniquehot.com\/2019\/10\/13\/bitcoin-btc-price-weekly-forecast-8300-holds-key-for-fresh-increase\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin<\/a>. ETH is likely to bounce back as long as it is above $175 and $180.<\/em><\/p>\n<h2>Ethereum Price Weekly Analysis<\/h2>\n<p>This past week, ETH started a strong rise above the $175 resistance against the US Dollar. Moreover, the pair broke the key $185 resistance area and settled above the 100 simple moving average (4-hours). It opened the doors for more gains above the $190 resistance. Finally, the price traded close to the $200 level and a new monthly high was formed near the $198 level.<\/p>\n<p>Later, there was a sharp decline in Ethereum and the price traded below the <a href=\"https:\/\/uniquehot.com\/2019\/10\/11\/ethereum-eth-signaling-bullish-continuation-bitcoin-holding-support\/\" target=\"_blank\" rel=\"noopener noreferrer \">$185 support area<\/a>. Additionally, there was a break below the 50% Fib retracement level of the last major wave from the $167 low to $198 high. More importantly, there was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH\/USD. The price even spiked below the $182 support and the 100 SMA.<\/p>\n<p>At the moment, the price is consolidating near the $180 support area and the 100 SMA. Moreover, the 61.8% Fib retracement level of the last major wave from the $167 low to $198 high is also protecting losses. If there is a downside break below the $180 support, there are chances of an extended decline towards the $175 support area in the near term.<\/p>\n<p>On the upside, an immediate resistance is near the $185 area. If there is a successful break above the $185 resistance, there are chances of a fresh increase. The next resistance is near the $190 level, above which the price could continue to rise towards the main $200 resistance area.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-401265\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?resize=1188%2C509\" alt=\"Ethereum Price Weekly Analysis ETH Chart\" width=\"1188\" height=\"509\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=1188 1188w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/10\/Ethereum-10.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>The above <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a> indicates that Ethereum price is struggling to remain in an uptrend above the $180 support area. In the short term, there could be a downside spike towards the $175 support area. However, as long as the price is above the $175 support, it could bounce back.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>4 hours MACD \u2013 The MACD for ETH\/USD is likely to move back into the bullish zone.<\/p>\n<p>4 hours RSI &#8211; The RSI for ETH\/USD is currently below the 50 level, with a minor bearish angle.<\/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 started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH\/USD (data feed via Kraken). The pair could extend its decline towards the $175 support area before a fresh increase. Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180. Ethereum Price Weekly Analysis This past week, ETH started a strong rise above the $175 resistance against the US Dollar. Moreover, the pair broke the key $185 resistance area and settled above the 100 simple moving average (4-hours). It opened the doors for more gains above the $190 resistance. Finally, the price traded close to the $200 level and a new monthly high was formed near the $198 level. Later, there was a sharp decline in Ethereum and the price traded below the $185 support area. Additionally, there was a break below the 50% Fib retracement level of the last major wave from the $167 low to $198 high. More importantly, there was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH\/USD. The price even spiked below the $182 support and the 100 SMA. At the moment, the price is consolidating near the $180 support area and the 100 SMA. Moreover, the 61.8% Fib retracement level of the last major wave from the $167 low to $198 high is also protecting losses. If there is a downside break below the $180 support, there are chances of an extended decline towards the $175 support area in the near term. On the upside, an immediate resistance is near the $185 area. If there is a successful break above the $185 resistance, there are chances of a fresh increase. The next resistance is near the $190 level, above which the price could continue to rise towards the main $200 resistance area. The above chart indicates that Ethereum price is struggling to remain in an uptrend above the $180 support area. In the short term, there could be a downside spike towards the $175 support area. However, as long as the price is above the $175 support, it could bounce back. Technical Indicators 4 hours MACD \u2013 The MACD for ETH\/USD is likely to move back into the bullish zone. 4 hours RSI &#8211; The RSI for ETH\/USD is currently below the 50 level, with a minor bearish angle. 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-401264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eth","tag-ethereum"],"acf":[],"yoast_head":"\n<title>Ethereum Price Weekly Forecast: ETH Holding Important Support<\/title>\n<meta name=\"description\" content=\"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Price Weekly Forecast: ETH Holding Important Support\" \/>\n<meta property=\"og:description\" content=\"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\" \/>\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=\"2019-10-13T06:00:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:09:20+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-price-weekly-forecast-eth-holding-important-support\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Ethereum Price Weekly Forecast: ETH Holding Important Support\",\"datePublished\":\"2019-10-13T06:00:04+00:00\",\"dateModified\":\"2024-06-11T13:09:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\"},\"wordCount\":424,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#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-price-weekly-forecast-eth-holding-important-support\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\",\"name\":\"Ethereum Price Weekly Forecast: ETH Holding Important Support\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\",\"datePublished\":\"2019-10-13T06:00:04+00:00\",\"dateModified\":\"2024-06-11T13:09:20+00:00\",\"description\":\"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600\",\"width\":1200,\"height\":600,\"caption\":\"technical analysis ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Price Weekly Forecast: ETH Holding Important Support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. 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. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/uniquehot.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Price Weekly Forecast: ETH Holding Important Support","description":"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Price Weekly Forecast: ETH Holding Important Support","og_description":"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.","og_url":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-10-13T06:00:04+00:00","article_modified_time":"2024-06-11T13:09:20+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Ethereum Price Weekly Forecast: ETH Holding Important Support","datePublished":"2019-10-13T06:00:04+00:00","dateModified":"2024-06-11T13:09:20+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/"},"wordCount":424,"commentCount":0,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#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-price-weekly-forecast-eth-holding-important-support\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","url":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","name":"Ethereum Price Weekly Forecast: ETH Holding Important Support","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600","datePublished":"2019-10-13T06:00:04+00:00","dateModified":"2024-06-11T13:09:20+00:00","description":"Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back as long as it is above $175 and $180.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600","width":1200,"height":600,"caption":"technical analysis ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Price Weekly Forecast: ETH Holding Important Support"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. 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. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Price Weekly Forecast: ETH Holding Important Support","url":"http:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum-price-weekly-forecast-eth-holding-important-support\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ethereum"],"dateCreated":"2019-10-13T06:00:04Z","datePublished":"2019-10-13T06:00:04Z","dateModified":"2024-06-11T13:09:20Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Weekly Forecast: ETH Holding Important Support\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum-price-weekly-forecast-eth-holding-important-support\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum-price-weekly-forecast-eth-holding-important-support\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/techanalysis-eth2.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/techanalysis-eth2.jpg?fit=1200%2C600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ethereum\"],\"dateCreated\":\"2019-10-13T06:00:04Z\",\"datePublished\":\"2019-10-13T06:00:04Z\",\"dateModified\":\"2024-06-11T13:09:20Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/04\/techanalysis-eth2.jpg?fit=1200%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/401264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=401264"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/401264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/328920"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=401264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=401264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=401264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}