<\/p>\n
Ethereum price extended gains above $2,150 before it faced sellers. ETH is now correcting gains and might find bids near the $2,080 zone.<\/em><\/p>\n Ethereum price remained stable above $2,050 and started a decent upward move, like Bitcoin<\/a>. ETH price climbed above the $2,080 and $2,120 resistance levels.<\/p>\n The bulls pumped the price above $2,150. A high was formed at $2,174 before the price started a downside correction<\/a>. There was a move below the 38.2% Fib retracement level of the upward move from the $2,021 swing low to the $2,174 high.<\/p>\n Besides, there was a break below a rising channel with support at $2,140 on the hourly chart of ETH\/USD. Ethereum price is now trading above $2,080 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,080, the price could attempt another increase.<\/p>\n Immediate resistance is seen near the $2,120 level. The first key resistance is near the $2,140 level. The next major resistance is near the $2,175 level. A clear move above the $2,175 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,350 resistance zone or even $2,380 in the near term.<\/p>\n If Ethereum fails to clear the $2,140 resistance, it could start a fresh decline. Initial support on the downside is near the $2,080 level or the 61.8% Fib retracement level of the upward move from the $2,021 swing low to the $2,174 high. The first major support sits near the $2,065 zone.<\/p>\n A clear move below the $2,065 support might push the price toward the $2,020 support. Any more losses might send the price toward the $1,980 region. The main support could be $1,965.<\/p>\n Technical Indicators<\/p>\n Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n Major Support Level \u2013 $2,065<\/p>\n Major Resistance Level \u2013 $2,140<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Ethereum price extended gains above $2,150 before it faced sellers. ETH is now correcting gains and might find bids near the $2,080 zone. Ethereum started a decent upward move above the $2,120 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support […]<\/p>\n","protected":false},"author":2,"featured_media":423657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-423656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=423656"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423656\/revisions"}],"predecessor-version":[{"id":423658,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423656\/revisions\/423658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/423657"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=423656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=423656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=423656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Ethereum Price Aims Higher<\/h2>\n
More Losses In ETH?<\/h2>\n