{"id":21090,"date":"2023-04-26T04:33:48","date_gmt":"2023-04-26T04:33:48","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/04\/26\/ethereum-price-could-regain-bullish-momentum-above-1900\/"},"modified":"2023-04-26T04:33:48","modified_gmt":"2023-04-26T04:33:48","slug":"ethereum-price-could-regain-bullish-momentum-above-1900","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/04\/26\/ethereum-price-could-regain-bullish-momentum-above-1900\/","title":{"rendered":"Ethereum Price Could Regain Bullish Momentum Above $1,900"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Ethereum worth began an upside correction from $1,800 towards the US Dollar. ETH might proceed to rise if it clears the $1,900 and $1,920 resistance ranges.<\/em><\/p>\n<ul>\n<li>Ethereum is correcting losses from the $1,800 help zone.<\/li>\n<li>The worth is buying and selling above $1,850 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a key bearish development line with resistance close to $1,828 on the hourly chart of ETH\/USD (information feed by way of Kraken).<\/li>\n<li>The pair might acquire bullish momentum if it settles above the $1,900 resistance.<\/li>\n<\/ul>\n<h2>Ethereum Price Starts Recovery<\/h2>\n<p>Ethereum\u2019s worth prolonged its decline beneath the $1,820 zone. However, ETH remained well-bid above the $1,800 degree and just lately began an upside correction, just like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-signals-increase-29k\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> from $27,000.<\/p>\n<p>There was a transfer above the $1,825 and $1,840 resistance ranges. Besides, there was a break above a key bearish development line with resistance close to $1,828 on the hourly chart of ETH\/USD. The pair traded above the 50% Fib retracement degree of the latest drop from the $1,890 excessive to the $1,807 low.<\/p>\n<p>Ether worth is now buying and selling above $1,850 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-signaled-sell-1920\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. It is testing the 76.4% Fib retracement degree of the latest drop from the $1,890 excessive to the $1,807 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-528606\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16.png\" alt=\"Ethereum Price\" width=\"1834\" height=\"845\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16.png 1834w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-460x212.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-860x396.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-768x354.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-1536x708.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-750x346.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/04\/Ethereum-16-1140x525.png 1140w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\"\/><\/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>Immediate resistance is close to the $1,880 zone. The subsequent main resistance is close to $1,900. The foremost resistance sits close to the $1,920 degree. A detailed above the $1,900 degree and a transfer above $1,920 might spark bullish strikes. In the acknowledged case, the worth might rise towards the $2,000 resistance. Any extra features might ship Ether towards the $2,080 resistance.<\/p>\n<h2>Fresh Decline in ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,880 resistance or the $1,900 barrier, it might begin one other decline. Initial help on the draw back is close to the $1,860 degree and the 100-hourly Simple Moving Average.<\/p>\n<p>The subsequent main help is close to the $1,825 zone, beneath which ether worth may revisit the $1,800 help zone. If the bulls fail to guard $1,800, the worth may acquire bearish momentum. In the acknowledged case, the worth may decline towards $1,765. Any extra losses might maybe take the worth towards $1,700 within the close to time period.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is now gaining momentum within the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is above the 50 degree.<\/p>\n<p>Major Support Level \u2013 $1,825<\/p>\n<p>Major Resistance Level \u2013 $1,900<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-bullish-momentum-above-1900\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ethereum worth began an upside correction from $1,800 towards the US Dollar. ETH might proceed to rise if it clears the $1,900 and $1,920 resistance ranges. Ethereum is correcting losses from the $1,800 help zone. The worth is buying and selling above $1,850 and the 100-hourly Simple Moving Average. There was a break above 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