{"id":455433,"date":"2021-01-28T05:18:46","date_gmt":"2021-01-28T05:18:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=455433"},"modified":"2024-06-11T14:13:00","modified_gmt":"2024-06-11T14:13:00","slug":"ethereum-eth-above-1300-fresh-surge","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-eth-above-1300-fresh-surge\/","title":{"rendered":"TA: Why Ethereum Close Above $1,300 Could Spark A Fresh Surge"},"content":{"rendered":"
Ethereum is holding the $1,240 and $1,220 support levels against the US Dollar. ETH price seems to be eyeing a fresh surge above the $1,300 and $1,320 resistance levels in the near term.<\/em><\/p>\n
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Ethereum retested the $1,200 support zone, where the bulls took a stand.<\/li>\n
The price is now recovering towards the $1,300 resistance and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $1,300 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a strong increase if there is a clear close above $1,300 and the 100 hourly SMA.<\/li>\n<\/ul>\n