{"id":450545,"date":"2020-11-23T05:18:54","date_gmt":"2020-11-23T05:18:54","guid":{"rendered":"https:\/\/uniquehot.com\/?p=450545"},"modified":"2024-06-11T06:57:13","modified_gmt":"2024-06-11T06:57:13","slug":"ethereum-could-surge-past-600","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-could-surge-past-600\/","title":{"rendered":"TA: Ethereum Breaks $580: Why ETH Could Surge Past $600"},"content":{"rendered":"
Ethereum is gaining pace above the $565 and $575 levels against the US Dollar. ETH price surpassed $580 and it seems like the bulls are aiming a test of $600 in the near term.<\/em><\/p>\n
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Ethereum is trading in a positive zone above the $560 support level.<\/li>\n
The price cleared the $580 resistance and settled well above the 100 hourly simple moving average.<\/li>\n
There was a break above a connecting bearish trend line with resistance near $542 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise steadily towards the $595 and $600 levels in the near term.<\/li>\n<\/ul>\n