{"id":534548,"date":"2023-05-23T04:38:07","date_gmt":"2023-05-23T04:38:07","guid":{"rendered":"https:\/\/uniquehot.com\/?p=534548"},"modified":"2024-06-11T14:36:51","modified_gmt":"2024-06-11T14:36:51","slug":"ethereum-price-breakout-1880","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-breakout-1880\/","title":{"rendered":"Ethereum Price Sees Bullish Breakout And Why Dips Turn Attractive"},"content":{"rendered":"
Ethereum price climbed above the $1,840 resistance against the US Dollar. ETH is showing positive signs and might aim a move toward the $1,920 resistance.<\/em><\/p>\n
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Ethereum is currently gaining pace above the $1,840 resistance zone.<\/li>\n
The price is trading above $1,820 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support near $1,835 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise further if it stays above the $1,835 and $1,820 support levels.<\/li>\n<\/ul>\n
Ethereum Price Gains Bullish Momentum<\/h2>\n
Ethereum\u2019s price formed a base above the $1,800 support level. ETH started a decent increase above the $1,820 resistance level and averted more losses, similar to Bitcoin<\/a>.<\/p>\n