{"id":464418,"date":"2021-05-25T05:08:56","date_gmt":"2021-05-25T05:08:56","guid":{"rendered":"https:\/\/ktsl888.com\/?p=464418"},"modified":"2024-06-11T13:55:56","modified_gmt":"2024-06-11T13:55:56","slug":"ethereum-eth-closes-above-100-sma","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-eth-closes-above-100-sma\/","title":{"rendered":"TA: Ethereum Closes Above 100 SMA, Here\u2019s What It Means for ETH"},"content":{"rendered":"
Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise.<\/em><\/p>\n
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Ethereum extended its recovery wave above the $2,550 and $2,600 levels.<\/li>\n
The price is now trading above the $2,500 support and the 100 hourly simple moving average.<\/li>\n
There was a break above a crucial bearish trend line with resistance near $2,250 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is now showing positive signs above $2,500, but it is also facing hurdles near $2,760.<\/li>\n<\/ul>\n