{"id":543924,"date":"2023-07-24T04:52:37","date_gmt":"2023-07-24T04:52:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=543924"},"modified":"2024-06-11T14:38:58","modified_gmt":"2024-06-11T14:38:58","slug":"ethereum-price-downtrend-1900","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-downtrend-1900\/","title":{"rendered":"Ethereum Price Hints At Potential Short-term Downtrend, Sell Rallies?"},"content":{"rendered":"
Ethereum price is struggling to clear the $1,900 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,850.<\/em><\/p>\n
\n
Ethereum is showing bearish signs below the $1,920 level.<\/li>\n
The price is trading below $1,900 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance near $1,900 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could decline steadily if the price remains below $1,900.<\/li>\n<\/ul>\n
Ethereum Price Remains At Risk<\/h2>\n
Ethereum\u2019s price made another attempt to settle above the $1,900 level. However, ETH failed to gain bullish momentum above the $1,900 resistance and started a fresh decline, similar to Bitcoin<\/a>.<\/p>\n