{"id":558919,"date":"2023-11-03T04:19:47","date_gmt":"2023-11-03T04:19:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=558919"},"modified":"2024-06-11T14:30:43","modified_gmt":"2024-06-11T14:30:43","slug":"ethereum-price-resistance-1825","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-resistance-1825\/","title":{"rendered":"Ethereum Price Breaking This Confluence Resistance Could Spark Fresh Surge"},"content":{"rendered":"<p><em>Ethereum price corrected lower from the $1,875 zone against the US dollar. ETH retested the $1,780 zone and might soon attempt a fresh surge.<\/em><\/p>\n<ul>\n<li>Ethereum holds the key support at $1,780 and $1,750.<\/li>\n<li>The price is trading below $1,820 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a steep bearish trend line with resistance near $1,795 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase toward the $1,850 and $1,875 resistance levels.<\/li>\n<\/ul>\n<h2>Ethereum Price Revisits Uptrend Support<\/h2>\n<p>Ethereum attempted a fresh increase above the $1,850 resistance but upsides were limited, like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-key-juncture-34k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>. ETH traded as high as $1,874 and recently started a downside correction.<\/p>\n<p>There was a move below the $1,850 and $1,820 levels. The price even spiked below the $1,800 level and the 100-hourly Simple Moving Average. It retested the $1,780 support zone. A low is formed near $1,777 and the price is now attempting another increase.<\/p>\n<p>There was a break above a steep bearish trend line with resistance near $1,795 on the hourly chart of ETH\/USD. Ethereum is now trading near the 23.6% Fib retracement level of the recent drop from the $1,874 swing high to the $1,777 low.<\/p>\n<p>On the upside, the price is facing resistance near the $1,810 level and the <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-bulls-keeps-pushing-2000\/\" target=\"_blank\" rel=\"noopener \">100-hourly Simple Moving Average<\/a>. The first major resistance sits at $1,825 or the 50% Fib retracement level of the recent drop from the $1,874 swing high to the $1,777 low.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-558920\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?resize=1024%2C468\" alt=\"Ethereum Price\" width=\"1024\" height=\"468\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Ethereum-2.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/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>If ETH surpasses the $1,825 resistance, it could again start a steady increase and test $1,875. The next key resistance is near $1,920, above which the price could accelerate higher toward the $2,0000 level. Any more gains might call for a move toward the $2,050 level.<\/p>\n<h2>More Losses in ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,825 resistance, it could continue to move down. Initial support on the downside is near the $1,780 level or the recent low.<\/p>\n<p>The next key support is $1,750. A downside break below the $1,750 support might spark a bearish wave. In the stated case, Ether could drop toward the $1,650 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 level.<\/p>\n<p>Major Support Level \u2013 $1,780<\/p>\n<p>Major Resistance Level \u2013 $1,825<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price corrected lower from the $1,875 zone against the US dollar. ETH retested the $1,780 zone and might soon attempt a fresh surge. Ethereum holds the key support at $1,780 and $1,750. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There was a break above a steep bearish trend line with resistance near $1,795 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could start a fresh increase toward the $1,850 and $1,875 resistance levels. Ethereum Price Revisits Uptrend Support Ethereum attempted a fresh increase above the $1,850 resistance but upsides were limited, like Bitcoin. ETH traded as high as $1,874 and recently started a downside correction. There was a move below the $1,850 and $1,820 levels. The price even spiked below the $1,800 level and the 100-hourly Simple Moving Average. It retested the $1,780 support zone. A low is formed near $1,777 and the price is now attempting another increase. There was a break above a steep bearish trend line with resistance near $1,795 on the hourly chart of ETH\/USD. Ethereum is now trading near the 23.6% Fib retracement level of the recent drop from the $1,874 swing high to the $1,777 low. On the upside, the price is facing resistance near the $1,810 level and the 100-hourly Simple Moving Average. The first major resistance sits at $1,825 or the 50% Fib retracement level of the recent drop from the $1,874 swing high to the $1,777 low. Source: ETHUSD on TradingView.com If ETH surpasses the $1,825 resistance, it could again start a steady increase and test $1,875. The next key resistance is near $1,920, above which the price could accelerate higher toward the $2,0000 level. Any more gains might call for a move toward the $2,050 level. More Losses in ETH? If Ethereum fails to clear the $1,825 resistance, it could continue to move down. Initial support on the downside is near the $1,780 level or the recent low. The next key support is $1,750. A downside break below the $1,750 support might spark a bearish wave. In the stated case, Ether could drop toward the $1,650 level. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH\/USD is now below the 50 level. Major Support Level \u2013 $1,780 Major Resistance Level \u2013 $1,825<\/p>\n","protected":false},"author":67,"featured_media":535412,"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":[65296,1946,8686,78803],"class_list":["post-558919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n<title>Ethereum Price Breaking This Confluence Resistance Could Spark Fresh Surge<\/title>\n<meta name=\"description\" content=\"Ethereum price corrected lower from the $1,875 zone against the US dollar. 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