{"id":538656,"date":"2023-06-20T03:31:20","date_gmt":"2023-06-20T03:31:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=538656"},"modified":"2024-06-11T14:37:47","modified_gmt":"2024-06-11T14:37:47","slug":"ethereum-price-more-upsides-1750","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-more-upsides-1750\/","title":{"rendered":"Ethereum Price Indicators Suggest Strengthening Case For More Upsides"},"content":{"rendered":"<p><em>Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone.<\/em><\/p>\n<ul>\n<li>Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels.<\/li>\n<li>The price is trading above $1,720 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could rise further above the $1,750 and $1,765 resistance levels.<\/li>\n<\/ul>\n<h2>Ethereum Price Steadies Above $1,700<\/h2>\n<p>Ethereum\u2019s price started a <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-bullish-above-1780\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">steady recovery wave<\/a> above the $1,650 level. ETH was able to settle above the $1,700 resistance zone, similar to <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-extends-recovery-27k\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>.<\/p>\n<p>Recently, the price saw a minor downside correction from the $1,768 high. The price traded below the $1,720 level but the bulls were active near $1,700. A low is formed near $1,698 and the price is again attempting a fresh increase.<\/p>\n<p>There was a break above the $1,720 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $1,768 swing high to the $1,698 low.<\/p>\n<p>Ether is now trading above $1,720 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD. Immediate resistance is near the $1,750 level. The next major resistance is near the $1,765 level.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-538657\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?resize=1835%2C845\" alt=\"Ethereum Price\" width=\"1835\" height=\"845\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Ethereum-12.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>A successful move above the $1,750 and $1,765 resistance levels might start a steady recovery wave. The next resistance sits near $1,800, above which Ethereum could rise toward the $1,850 level. Any more gains above the $1,850 resistance zone might send the price toward the $1,920 resistance.<\/p>\n<h2>Ae Dips Supported in ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,750 resistance, it could start another decline. Initial support on the downside is near the $1,720 level and the trend line.<\/p>\n<p>The next major support is near the $1,700 level or the recent low. If there is a break and close below the $1,700 support, the price could drop toward the $1,675 support. Any more losses may perhaps send the price toward the $1,620 zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 level.<\/p>\n<p>Major Support Level \u2013 $1,700<\/p>\n<p>Major Resistance Level \u2013 $1,765<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone. Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels. The price is trading above $1,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could rise further above the $1,750 and $1,765 resistance levels. Ethereum Price Steadies Above $1,700 Ethereum\u2019s price started a steady recovery wave above the $1,650 level. ETH was able to settle above the $1,700 resistance zone, similar to Bitcoin. Recently, the price saw a minor downside correction from the $1,768 high. The price traded below the $1,720 level but the bulls were active near $1,700. A low is formed near $1,698 and the price is again attempting a fresh increase. There was a break above the $1,720 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $1,768 swing high to the $1,698 low. Ether is now trading above $1,720 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,718 on the hourly chart of ETH\/USD. Immediate resistance is near the $1,750 level. The next major resistance is near the $1,765 level. Source: ETHUSD on TradingView.com A successful move above the $1,750 and $1,765 resistance levels might start a steady recovery wave. The next resistance sits near $1,800, above which Ethereum could rise toward the $1,850 level. Any more gains above the $1,850 resistance zone might send the price toward the $1,920 resistance. Ae Dips Supported in ETH? If Ethereum fails to clear the $1,750 resistance, it could start another decline. Initial support on the downside is near the $1,720 level and the trend line. The next major support is near the $1,700 level or the recent low. If there is a break and close below the $1,700 support, the price could drop toward the $1,675 support. Any more losses may perhaps send the price toward the $1,620 zone. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH\/USD is now above the 50 level. Major Support Level \u2013 $1,700 Major Resistance Level \u2013 $1,765<\/p>\n","protected":false},"author":67,"featured_media":511243,"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-538656","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 Indicators Suggest Strengthening Case For More Upsides<\/title>\n<meta name=\"description\" content=\"Ethereum price is showing positive signs above $1,700 against the US Dollar. 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