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{"id":502050,"date":"2022-09-13T04:58:44","date_gmt":"2022-09-13T04:58:44","guid":{"rendered":"https:\/\/uniquehot.com\/?p=502050"},"modified":"2024-06-11T06:50:02","modified_gmt":"2024-06-11T06:50:02","slug":"ethereum-eth-could-surge-past-1800","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-could-surge-past-1800\/","title":{"rendered":"TA: Ethereum Prints Bullish Pattern, Why ETH Could Surge Past $1,800"},"content":{"rendered":"

Ethereum corrected lower below $1,750 against the US Dollar. ETH remained well bid above $1,680 and is eyeing a fresh surge above $1,750.<\/em><\/p>\n

\n
Ethereum is trading in a bullish zone above the $1,680 and $1,700 levels.<\/li>\n
The price is now trading near $1,720 and the 100 hourly simple moving average.<\/li>\n
There is a key bullish flag pattern forming with resistance near $1,730 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must clear $1,750 to continue higher towards $1,850 in the near term.<\/li>\n<\/ul>\n
Ethereum Price Aims Higher<\/h2>\n
Ethereum gained pace above the $1,700 and $1,720 levels<\/a>. ETH even cleared the $1,750 level, but there was no test of the $1,800 resistance zone. A high was formed near $1,788 before the price started a downside correction.<\/p>\n
There was a move below the $1,750 level and the 100 hourly simple moving average<\/a>. The price dipped below the 23.6% Fib retracement level of the upward move from the $1,490 swing low to $1,788 high. Ether price even dipped below the $1,700 level.<\/p>\n
However, the bulls were active near the $1,680 level. The price is now rising and trading above $1,700. It is trading near $1,720 and the 100 hourly simple moving average.<\/p>\n
On the upside, the price is facing resistance near the $1,730 level. There is also a key bullish flag pattern forming with resistance near $1,730 on the hourly chart of ETH\/USD. The next major resistance is near the $1,750 level. A clear break above $1,750 might send the price towards the $1,780 level.<\/p>\n
$\"Ethereum$ <\/a><\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/pre>\n
Any more gains may perhaps open the doors for a move towards the $1,850 resistance in the near term. If the bulls remain in action, the price could pump towards the $1,880 level.<\/p>\n
Dips Limited in ETH?<\/h2>\n
If ethereum fails to rise above the $1,750 resistance, it could start a downside correction. An initial support on the downside is near the $1,680 zone.<\/p>\n
The next major support is near $1,650. It is near the 50% Fib retracement level of the upward move from the $1,490 swing low to $1,788 high. A downside break below the $1,650 support might spark more losses. In the stated case, ether price might drop towards the $1,600 level.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is now gaining momentum in the bullish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now above the 50 level.<\/p>\n
Major Support Level \u2013 $1,680<\/p>\n
Major Resistance Level \u2013 $1,750<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum corrected lower below $1,750 against the US Dollar. ETH remained well bid above $1,680 and is eyeing a fresh surge above $1,750. Ethereum is trading in a bullish zone above the $1,680 and $1,700 levels. The price is now trading near $1,720 and the 100 hourly simple moving average. There is a key bullish flag pattern forming with resistance near $1,730 on the hourly chart of ETH\/USD (data feed via Kraken). The pair must clear $1,750 to continue higher towards $1,850 in the near term. Ethereum Price Aims Higher Ethereum gained pace above the $1,700 and $1,720 levels. ETH even cleared the $1,750 level, but there was no test of the $1,800 resistance zone. A high was formed near $1,788 before the price started a downside correction. There was a move below the $1,750 level and the 100 hourly simple moving average. The price dipped below the 23.6% Fib retracement level of the upward move from the $1,490 swing low to $1,788 high. Ether price even dipped below the $1,700 level. However, the bulls were active near the $1,680 level. The price is now rising and trading above $1,700. It is trading near $1,720 and the 100 hourly simple moving average. On the upside, the price is facing resistance near the $1,730 level. There is also a key bullish flag pattern forming with resistance near $1,730 on the hourly chart of ETH\/USD. The next major resistance is near the $1,750 level. A clear break above $1,750 might send the price towards the $1,780 level. Source: ETHUSD on TradingView.com Any more gains may perhaps open the doors for a move towards the $1,850 resistance in the near term. If the bulls remain in action, the price could pump towards the $1,880 level. Dips Limited in ETH? If ethereum fails to rise above the $1,750 resistance, it could start a downside correction. An initial support on the downside is near the $1,680 zone. The next major support is near $1,650. It is near the 50% Fib retracement level of the upward move from the $1,490 swing low to $1,788 high. A downside break below the $1,650 support might spark more losses. In the stated case, ether price might drop towards the $1,600 level. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is now gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH\/USD is now above the 50 level. Major Support Level \u2013 $1,680 Major Resistance Level \u2013 $1,750<\/p>\n","protected":false},"author":67,"featured_media":464597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,1946,8686,78803],"class_list":["post-502050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nTA: Ethereum Prints Bullish Pattern, Why ETH Could Surge Past $1,800<\/title>\n<meta name=\"description\" content=\"Ethereum corrected lower below $1,750 against the US Dollar. 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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. 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":"TA: Ethereum Prints Bullish Pattern, Why ETH Could Surge Past $1,800","url":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-could-surge-past-1800\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-could-surge-past-1800\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/05\/shutterstock_516702481.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/05\/shutterstock_516702481.jpg?fit=1000%2C583"},"articleSection":"Ethereum","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","ethusd","ethusdt"],"dateCreated":"2022-09-13T04:58:44Z","datePublished":"2022-09-13T04:58:44Z","dateModified":"2024-06-11T06:50:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum Prints Bullish Pattern, Why ETH Could Surge Past $1,800\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-eth-could-surge-past-1800\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-eth-could-surge-past-1800\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_516702481.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/shutterstock_516702481.jpg?fit=1000%2C583\"},\"articleSection\":\"Ethereum\",\"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\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2022-09-13T04:58:44Z\",\"datePublished\":\"2022-09-13T04:58:44Z\",\"dateModified\":\"2024-06-11T06:50:02Z\"}<\/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\/2021\/05\/shutterstock_516702481.jpg?fit=1000%2C583","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/502050","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=502050"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/502050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/464597"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=502050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=502050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=502050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}