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{"id":540768,"date":"2023-07-03T03:51:54","date_gmt":"2023-07-03T03:51:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=540768"},"modified":"2024-06-11T08:45:29","modified_gmt":"2024-06-11T08:45:29","slug":"ethereum-price-higher-over-2000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-higher-over-2000\/","title":{"rendered":"Ethereum Price Looks Ready For Another Leg Higher Over $2,000"},"content":{"rendered":"

Ethereum price is gaining pace above $1,920 against the US Dollar. ETH could gain bullish momentum and might soon clear the $2,000 resistance.<\/em><\/p>\n

\n
Ethereum is attempting a fresh increase above the $1,920 zone.<\/li>\n
The price is trading above $1,900 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise steadily toward the $2,000 resistance in the near term.<\/li>\n<\/ul>\n
Ethereum Price Aims Higher<\/h2>\n
Ethereum\u2019s price remained well-bid above the $1,820 support zone. ETH formed a support base and started a fresh increase above the $1,880 level, outperforming Bitcoin<\/a>.<\/p>\n
There was a clear move above the $1,920 resistance zone. Besides, there was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH\/USD. The price even traded to a new multi-day high at $1,960 and is currently consolidating gains.<\/p>\n
It is now showing positive signs and might soon continue to rise toward the $2,000 resistance. Ether is now trading above $1,900 and the 100-hourly Simple Moving Average<\/a>. It is also above the 23.6% Fib retracement level of the upward move from the $1,889 swing low to the $1,960 high.<\/p>\n
$\"Ethereum$ <\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/p>\n
Immediate resistance is near the $1,960 level. The next major resistance is near the $2,000 level. A close above the $2,000 zone could start a fresh rally. The next resistance sits near $2,050, above which the price could rise toward the $2,120 level. Any more gains could send Ether toward the $2,220 resistance.<\/p>\n
Are Dips Limited in ETH?<\/h2>\n
If Ethereum fails to clear the $1,960 resistance or $1,980, it could start a downside correction. Initial support on the downside is near the $1,930 level.<\/p>\n
The next major support is near the $1,920 level. It is close to the 61.8% Fib retracement level of the upward move from the $1,889 swing low to the $1,960 high. The first major support is near $1,900 and the 100-hourly Simple Moving Average. If there is a move below $1,900, the price could drop toward $1,880. Any more losses may perhaps send the price toward the $1,840 support.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now below the 50 level.<\/p>\n
Major Support Level \u2013 $1,900<\/p>\n
Major Resistance Level \u2013 $1,960<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum price is gaining pace above $1,920 against the US Dollar. ETH could gain bullish momentum and might soon clear the $2,000 resistance. Ethereum is attempting a fresh increase above the $1,920 zone. The price is trading above $1,900 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could rise steadily toward the $2,000 resistance in the near term. Ethereum Price Aims Higher Ethereum\u2019s price remained well-bid above the $1,820 support zone. ETH formed a support base and started a fresh increase above the $1,880 level, outperforming Bitcoin. There was a clear move above the $1,920 resistance zone. Besides, there was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH\/USD. The price even traded to a new multi-day high at $1,960 and is currently consolidating gains. It is now showing positive signs and might soon continue to rise toward the $2,000 resistance. Ether is now trading above $1,900 and the 100-hourly Simple Moving Average. It is also above the 23.6% Fib retracement level of the upward move from the $1,889 swing low to the $1,960 high. Source: ETHUSD on TradingView.com Immediate resistance is near the $1,960 level. The next major resistance is near the $2,000 level. A close above the $2,000 zone could start a fresh rally. The next resistance sits near $2,050, above which the price could rise toward the $2,120 level. Any more gains could send Ether toward the $2,220 resistance. Are Dips Limited in ETH? If Ethereum fails to clear the $1,960 resistance or $1,980, it could start a downside correction. Initial support on the downside is near the $1,930 level. The next major support is near the $1,920 level. It is close to the 61.8% Fib retracement level of the upward move from the $1,889 swing low to the $1,960 high. The first major support is near $1,900 and the 100-hourly Simple Moving Average. If there is a move below $1,900, the price could drop toward $1,880. Any more losses may perhaps send the price toward the $1,840 support. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH\/USD is now below the 50 level. Major Support Level \u2013 $1,900 Major Resistance Level \u2013 $1,960<\/p>\n","protected":false},"author":67,"featured_media":504923,"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-540768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Price Looks Ready For Another Leg Higher Over $2,000<\/title>\n<meta name=\"description\" content=\"Ethereum price is gaining pace above $1,920 against the US Dollar. 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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. 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