{"id":539594,"date":"2023-06-26T04:09:36","date_gmt":"2023-06-26T04:09:36","guid":{"rendered":"https:\/\/uniquehot.com\/?p=539594"},"modified":"2024-06-11T07:09:43","modified_gmt":"2024-06-11T07:09:43","slug":"ethereum-price-range-1900","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-range-1900\/","title":{"rendered":"Ethereum Price Stuck In Range As Risk of Downside Correction Escalates"},"content":{"rendered":"<p><em>Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone.<\/em><\/p>\n<ul>\n<li>Ethereum is currently correcting lower from the $1,920 resistance.<\/li>\n<li>The price is trading above $1,865 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a short-term drop if there is a break below the $1,865 support.<\/li>\n<\/ul>\n<h2>Ethereum Price Struggles Below $1,920<\/h2>\n<p>Ethereum\u2019s price extended its increase above the $1,850 resistance zone. ETH even spiked above $1,920 before the bears appeared. A high is formed near $1,929 and the price is now correcting gains, similar to <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-correction-29200\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>.<\/p>\n<p>There was a move below the $1,900 and $1,880 levels. However, the bulls are still protecting the $1,865 support zone. A low is formed near $1,866 and the price is now attempting a fresh increase. It is trading near the 23.6% Fib retracement level of the recent decline from the $1,929 high to the $1,866 low.<\/p>\n<p>Ether is just trading above $1,865 and the <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-consolidates-1920\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">100-hourly Simple Moving Average<\/a>. Immediate resistance is near the $1,890 level. There is also a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH\/USD.<\/p>\n<p>The next major resistance is near the $1,900 level or the 50% Fib retracement level of the recent decline from the $1,929 high to the $1,866 low. The main resistance is near the $1,920 and $1,930 levels. If the bulls manage to pump Ethereum above the $1,930 zone, the price might even surpass $1,965.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-539596\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?resize=1835%2C845\" alt=\"Ethereum Price\" width=\"1835\" height=\"845\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/Ethereum-16.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">ETHUSD on TradingView.com<\/a><\/p>\n<p>The next resistance sits near $2,000, above which the price could rise toward the $2,050 level. Any more gains above the $2,050 resistance zone might send the price toward the $2,120 resistance.<\/p>\n<h2>Downside Break in ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,900 resistance, it could continue to move down. Initial support on the downside is near the $1,865 level.<\/p>\n<p>The next major support is near the $1,840 level. If there is a break below the $1,840 support, the price could test $1,790. Any more losses may perhaps send the price toward the $1,750 zone or even $1,720.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 level.<\/p>\n<p>Major Support Level \u2013 $1,865<\/p>\n<p>Major Resistance Level \u2013 $1,900<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could start a short-term drop if there is a break below the $1,865 support. Ethereum Price Struggles Below $1,920 Ethereum\u2019s price extended its increase above the $1,850 resistance zone. ETH even spiked above $1,920 before the bears appeared. A high is formed near $1,929 and the price is now correcting gains, similar to Bitcoin. There was a move below the $1,900 and $1,880 levels. However, the bulls are still protecting the $1,865 support zone. A low is formed near $1,866 and the price is now attempting a fresh increase. It is trading near the 23.6% Fib retracement level of the recent decline from the $1,929 high to the $1,866 low. Ether is just trading above $1,865 and the 100-hourly Simple Moving Average. Immediate resistance is near the $1,890 level. There is also a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH\/USD. The next major resistance is near the $1,900 level or the 50% Fib retracement level of the recent decline from the $1,929 high to the $1,866 low. The main resistance is near the $1,920 and $1,930 levels. If the bulls manage to pump Ethereum above the $1,930 zone, the price might even surpass $1,965. Source: ETHUSD on TradingView.com The next resistance sits near $2,000, above which the price could rise toward the $2,050 level. Any more gains above the $2,050 resistance zone might send the price toward the $2,120 resistance. Downside Break in ETH? If Ethereum fails to clear the $1,900 resistance, it could continue to move down. Initial support on the downside is near the $1,865 level. The next major support is near the $1,840 level. If there is a break below the $1,840 support, the price could test $1,790. Any more losses may perhaps send the price toward the $1,750 zone or even $1,720. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH\/USD is now below the 50 level. Major Support Level \u2013 $1,865 Major Resistance Level \u2013 $1,900<\/p>\n","protected":false},"author":67,"featured_media":506045,"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-539594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n<title>Ethereum Price Stuck In Range As Risk of Downside Correction Escalates<\/title>\n<meta name=\"description\" content=\"Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. 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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 Stuck In Range As Risk of Downside Correction Escalates","url":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-range-1900\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-range-1900\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/10\/Depositphotos_179456522_s-2019.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/10\/Depositphotos_179456522_s-2019.jpg?fit=1000%2C667"},"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":"2023-06-26T04:09:36Z","datePublished":"2023-06-26T04:09:36Z","dateModified":"2024-06-11T07:09:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Stuck In Range As Risk of Downside Correction Escalates\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-price-range-1900\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-price-range-1900\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_179456522_s-2019.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Depositphotos_179456522_s-2019.jpg?fit=1000%2C667\"},\"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\":\"2023-06-26T04:09:36Z\",\"datePublished\":\"2023-06-26T04:09:36Z\",\"dateModified\":\"2024-06-11T07:09:43Z\"}<\/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\/2022\/10\/Depositphotos_179456522_s-2019.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/539594"}],"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=539594"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/539594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/506045"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=539594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=539594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=539594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}