{"id":422414,"date":"2020-05-01T04:38:31","date_gmt":"2020-05-01T04:38:31","guid":{"rendered":"https:\/\/ktsl888.com\/?p=422414"},"modified":"2024-06-11T13:48:09","modified_gmt":"2024-06-11T13:48:09","slug":"ethereum-eth-poised-to-rally-again","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum-eth-poised-to-rally-again\/","title":{"rendered":"Ethereum Holding Key Uptrend Support And Poised To Rally Again"},"content":{"rendered":"
Ethereum surged to a new monthly high at $227 before correcting lower against the US Dollar. ETH price is now testing the $205 support zone and it is likely to start a fresh rally.<\/em><\/p>\n
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Ethereum started a downside correction after a strong rally above $220.<\/li>\n
The price is currently trading above the key uptrend supports at $205 and $200.<\/li>\n
There is a short term contracting triangle forming with resistance near $210 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is likely to start a fresh increase above $210 as long as it is above $200.<\/li>\n<\/ul>\n