{"id":546787,"date":"2023-08-11T05:34:27","date_gmt":"2023-08-11T05:34:27","guid":{"rendered":"https:\/\/ktsl888.com\/?p=546787"},"modified":"2024-06-11T11:56:35","modified_gmt":"2024-06-11T11:56:35","slug":"ethereum-price-thrust-1820","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-thrust-1820\/","title":{"rendered":"Ethereum Price Could See Downside Thrust Before Fresh Increase"},"content":{"rendered":"
Ethereum price is correcting gains from the $1,880 zone against the US Dollar. ETH could spike toward $1,820 before the bulls attempt a fresh increase.<\/em><\/p>\n
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Ethereum is moving lower from the $1,875 and $1,880 resistance levels.<\/li>\n
The price is trading below $1,850 and the 100-hourly Simple Moving Average.<\/li>\n
There is a bullish flag pattern forming with resistance near $1,855 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could drop toward the $1,820 support where the bulls might take a stand.<\/li>\n<\/ul>\n
Ethereum Price Dips Again<\/h2>\n
Ethereum\u2019s price struggled to clear the $1,880 resistance zone and started a downside correction. ETH slowly moved lower below the $1,850 pivot level, similar to Bitcoin<\/a>.<\/p>\n