• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Ethereum Value Might See “Liftoff” If ETH Clears This Resistance

SB Crypto Guru News by SB Crypto Guru News
May 26, 2023
in Analysis
0 0
0
Ethereum Value Might See “Liftoff” If ETH Clears This Resistance


Ethereum value began a restoration wave above the $1,780 stage in opposition to the US Greenback. ETH should clear $1,820 to begin an honest improve within the close to time period.

  • Ethereum is at the moment consolidating beneath the $1,820 resistance zone.
  • The value is buying and selling beneath $1,820 and the 100-hourly Easy Transferring Common.
  • There’s a main bearish development line forming with resistance close to $1,818 on the hourly chart of ETH/USD (knowledge feed through Kraken).
  • The pair might begin an honest improve if it settles above the $1,820 resistance.

Ethereum Value Restoration Faces Hurdle

Ethereum’s value prolonged its decline beneath the $1,800 zone. ETH even declined beneath the $1,780 stage earlier than the bulls appeared close to $1,760, just like Bitcoin.

A low was shaped close to $1,761 and the value is at the moment trying a restoration wave. It’s buying and selling above the 23.6% Fib retracement stage of the important thing decline from the $1,872 swing excessive to the $1,761 low. Ether is now buying and selling beneath $1,820 and the 100-hourly Easy Transferring Common.

There’s additionally a serious bearish development line forming with resistance close to $1,818 on the hourly chart of ETH/USD. The development line is near the 50% Fib retracement stage of the important thing decline from the $1,872 swing excessive to the $1,761 low.

Fast resistance is close to the $1,818 zone and the development line. The primary main resistance is close to the $1,820 stage. A detailed above the $1,820 resistance might ship Ether towards $1,845.

Ethereum Price

Supply: ETHUSD on TradingView.com

The subsequent resistance sits close to $1,875, above which Ethereum might rise towards $1,920. Any extra beneficial properties above the $1,920 resistance zone might push the value towards the $2,000 resistance.

Contemporary Decline in ETH?

If Ethereum fails to clear the $1,820 resistance, it might begin one other bearish wave. Preliminary help on the draw back is close to the $1,785 stage.

The subsequent main help is close to the $1,760 zone or the current swing low. If there’s a shut beneath the $1,760 help, the value might begin one other main decline. Within the said case, the value would possibly drop towards the $1,700 help zone. Any extra losses might maybe ship the value towards the $1,660 stage within the coming days.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is dropping momentum within the bullish zone.

Hourly RSI – The RSI for ETH/USD is above the 50 stage.

Main Assist Stage – $1,785

Main Resistance Stage – $1,820



Source link

Tags: Bitcoin NewsClearsCrypto NewsCrypto UpdatesETHethereumLatest News on CryptoLiftOffPriceResistanceSB Crypto Guru News
Previous Post

Why GameFi is the way forward for the brand new participant economic system

Next Post

Polygon Goals Restoration To $1

Next Post
Polygon Goals Restoration To

Polygon Goals Restoration To $1

  • Trending
  • Comments
  • Latest
Big XR News from Google, Samsung, Qualcomm, Sony, XREAL, Magic Leap, Lynx, Meta, Microsoft, TeamViewer, Haply

Big XR News from Google, Samsung, Qualcomm, Sony, XREAL, Magic Leap, Lynx, Meta, Microsoft, TeamViewer, Haply

December 13, 2024
Meta Quest Pro Discontinued! Enterprise-Grade MR Headset is No Longer Available

Meta Quest Pro Discontinued! Enterprise-Grade MR Headset is No Longer Available

January 6, 2025
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Exploring Moonbeam – Why Build on Moonbeam? – Moralis Web3

Exploring Moonbeam – Why Build on Moonbeam? – Moralis Web3

September 11, 2024
Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

September 10, 2024
The Key To Scaling Bitcoin

The Key To Scaling Bitcoin

0
MoonPay Announces New York BitLicense Approval, Clearing Path for U.S.-Wide Crypto Services

MoonPay Announces New York BitLicense Approval, Clearing Path for U.S.-Wide Crypto Services

0
Moonpig Solana MemeCoin: Price Prediction, Chart, Contract, Where to Trade | by MemeCoins Tools | The Capital | May, 2025

Moonpig Solana MemeCoin: Price Prediction, Chart, Contract, Where to Trade | by MemeCoins Tools | The Capital | May, 2025

0
Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

0
Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout

Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout

0
XRPL faces scam influx amid institutional interest boom

XRPL faces scam influx amid institutional interest boom

0
The Key To Scaling Bitcoin

The Key To Scaling Bitcoin

June 4, 2025
MoonPay Announces New York BitLicense Approval, Clearing Path for U.S.-Wide Crypto Services

MoonPay Announces New York BitLicense Approval, Clearing Path for U.S.-Wide Crypto Services

June 4, 2025
Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout

Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout

June 4, 2025
FISPAN Locks in  Million in Series B Funding

FISPAN Locks in $30 Million in Series B Funding

June 4, 2025
Whitney Museum pauses Independent Study Program amid accusations of censorship

Whitney Museum pauses Independent Study Program amid accusations of censorship

June 4, 2025
XRPL faces scam influx amid institutional interest boom

XRPL faces scam influx amid institutional interest boom

June 4, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.