{"id":533931,"date":"2023-05-19T03:25:27","date_gmt":"2023-05-19T03:25:27","guid":{"rendered":"https:\/\/uniquehot.com\/?p=533931"},"modified":"2024-06-11T08:12:07","modified_gmt":"2024-06-11T08:12:07","slug":"ethereum-price-bearish-1825","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-bearish-1825\/","title":{"rendered":"Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline"},"content":{"rendered":"
Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,780 support.<\/em><\/p>\n
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Ethereum is currently facing many hurdles near the $1,840 resistance zone.<\/li>\n
The price is trading below $1,820 and the 100-hourly Simple Moving Average.<\/li>\n
There is a major bearish trend line forming with resistance near $1,825 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $1,825 and $1,840 resistance levels.<\/li>\n<\/ul>\n