{"id":542080,"date":"2023-07-11T04:16:23","date_gmt":"2023-07-11T04:16:23","guid":{"rendered":"https:\/\/ktsl888.com\/?p=542080"},"modified":"2024-06-11T14:38:32","modified_gmt":"2024-06-11T14:38:32","slug":"ethereum-price-turning-point-1900","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-turning-point-1900\/","title":{"rendered":"Ethereum Price Reaches Key Turning Point, $1,900 Is The Key"},"content":{"rendered":"<p><em>Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. ETH could rally if there is a clear move above the $1,900 resistance.<\/em><\/p>\n<ul>\n<li>Ethereum is currently attempting a recovery wave above the $1,855 zone.<\/li>\n<li>The price is trading above $1,865 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a major bearish trend line forming with resistance near $1,900 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a decent increase if there is a close above $1,900.<\/li>\n<\/ul>\n<h2>Ethereum Price Revisits Resistance<\/h2>\n<p>Ethereum\u2019s price remained stable above the $1,825 support zone. ETH started a slow recovery wave and was able to climb a few points higher above $1,850, similar to <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-holds-ground-30k-2\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>.<\/p>\n<p>The bulls were able to push the price above the 100-hourly Simple Moving Average. The price broke the 50% Fib retracement level of the key decline from the $1,955 swing high to the $1,825 low. However, the bears were seen active near the $1,900 resistance zone.<\/p>\n<p>There is also a major <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-bearish-revisit-1800\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">bearish trend line forming with resistance near $1,900<\/a> on the hourly chart of ETH\/USD. Ether is now trading above $1,865 and the 100-hourly Simple Moving Average.<\/p>\n<p>Immediate resistance is near the $1,890 level. The first major resistance is near the $1,900 zone and the trend line. The trend line is close to the 61.8% Fib retracement level of the key decline from the $1,955 swing high to the $1,825 low.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-542081\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?resize=1835%2C845\" alt=\"Ethereum Price\" width=\"1835\" height=\"845\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Ethereum-6.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 close above the $1,900 resistance could start a decent increase toward $1,975. The next major resistance is near the $2,000 level. Any more gains could send Ether toward the $2,050 resistance or even $2,120.<\/p>\n<h2>Another Rejection in ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,900 resistance, it could start another decline. Initial support on the downside is near the $1,865 level or the 100-hourly Simple Moving Average.<\/p>\n<p>The first major support is near the $1,825 level, below which there is a risk of a larger decline. The next major support is near the $1,740 level. Any more losses could send Ether toward the $1,720 support level in the near term.<\/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 $1,825<\/p>\n<p>Major Resistance Level \u2013 $1,900<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. ETH could rally if there is a clear move above the $1,900 resistance. Ethereum is currently attempting a recovery wave above the $1,855 zone. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,900 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could start a decent increase if there is a close above $1,900. Ethereum Price Revisits Resistance Ethereum\u2019s price remained stable above the $1,825 support zone. ETH started a slow recovery wave and was able to climb a few points higher above $1,850, similar to Bitcoin. The bulls were able to push the price above the 100-hourly Simple Moving Average. The price broke the 50% Fib retracement level of the key decline from the $1,955 swing high to the $1,825 low. However, the bears were seen active near the $1,900 resistance zone. There is also a major bearish trend line forming with resistance near $1,900 on the hourly chart of ETH\/USD. Ether is now trading above $1,865 and the 100-hourly Simple Moving Average. Immediate resistance is near the $1,890 level. The first major resistance is near the $1,900 zone and the trend line. The trend line is close to the 61.8% Fib retracement level of the key decline from the $1,955 swing high to the $1,825 low. Source: ETHUSD on TradingView.com A close above the $1,900 resistance could start a decent increase toward $1,975. The next major resistance is near the $2,000 level. Any more gains could send Ether toward the $2,050 resistance or even $2,120. Another Rejection in ETH? If Ethereum fails to clear the $1,900 resistance, it could start another decline. Initial support on the downside is near the $1,865 level or the 100-hourly Simple Moving Average. The first major support is near the $1,825 level, below which there is a risk of a larger decline. The next major support is near the $1,740 level. Any more losses could send Ether toward the $1,720 support level in the near term. 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 $1,825 Major Resistance Level \u2013 $1,900<\/p>\n","protected":false},"author":67,"featured_media":464347,"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-542080","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 Reaches Key Turning Point, $1,900 Is The Key<\/title>\n<meta name=\"description\" content=\"Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. 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