{"id":109928,"date":"2021-01-24T07:18:10","date_gmt":"2021-01-24T07:18:10","guid":{"rendered":"https:\/\/precoinnews.com\/?p=109928"},"modified":"2021-01-24T07:18:10","modified_gmt":"2021-01-24T07:18:10","slug":"ethereum-starts-fresh-increase-why-eth-could-surge-to-1500","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/","title":{"rendered":"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500"},"content":{"rendered":"<p><em>Ethereum started a fresh increase above $1,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $1,400 and $1,500.<\/em><\/p>\n<ul>\n<li>ETH price is gaining bullish momentum above the $1,250 resistance level against the US Dollar.<\/li>\n<li>The price is likely to face hurdles near $1,380, but it is well above the 100 simple moving average (4-hours).<\/li>\n<li>There was a break above a major bearish trend line with resistance near $1,265 on the 4-hours chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair is likely to continue higher towards $1,400 and $1,500 in the coming sessions.<\/li>\n<\/ul>\n<h2>Ethereum&rsquo;s Ether Signaling More Upsides<\/h2>\n<p>This past week, bitcoin and ethereum saw a fresh decline below $1,200 and $35,000 respectively against the US Dollar. ETH price even declined below $1,100, but it remained stable above the $1,000.<\/p>\n<p>A low was formed near $1,042 before the price started a fresh increase. There was a strong close above $1,200 and the 100 simple moving average (4-hours).<\/p>\n<p>There was also a break above the 50% Fib retracement level of the downward move from the $1,440 swing high to $1,042 low. There was a break above a major bearish trend line with resistance near $1,265 on the 4-hours chart of ETH\/USD.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2021\/01\/Ethereum-17.png\"><\/p>\n<p>Source: ETHUSD on TradingView.com<\/p>\n<p>Ether price is now approaching the $1,345 resistance zone. It is close to the 76.4% Fib retracement level of the downward move from the $1,440 swing high to $1,042 low.<\/p>\n<p>A clear break above the $1,345 level could open the doors for a fresh increase above the $1,400 resistance zone. In the stated case, the price could continue to rise towards the $1,500 level. The next major resistance sits near the $1,530 level.<\/p>\n<h2>Dips Supported in Ether (ETH)?<\/h2>\n<p>If Ethereum fails to clear the $1,345 and $1,380 resistance levels, it could start a downside correction. The first key support on the downside is near the $1,240 level.<\/p>\n<p>The main support is forming near the $1,180 level (the recent breakout zone) and the 100 simple moving average (4-hours). Any more losses could lead ether price towards the $1,080 support zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 hours MACD &ndash; The MACD for ETH\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>4 hours RSI &ndash; The RSI for ETH\/USD is well above the 50 level.<\/p>\n<p>Major Support Level &ndash; $1,240<\/p>\n<p>Major Resistance Level &ndash; $1,380<\/p>\n<p>Source: <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-starts-fresh-increase-1500\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum started a fresh increase above $1,300<\/p>\n","protected":false},"author":3,"featured_media":109927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ethereum started a fresh increase above $1,300\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-24T07:18:10+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/ccryptafotoDepositphotos_228885008_s-2019-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/\",\"name\":\"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-01-24T07:18:10+00:00\",\"dateModified\":\"2021-01-24T07:18:10+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News","og_description":"Ethereum started a fresh increase above $1,300","og_url":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/","og_site_name":"Pre Coin News","article_published_time":"2021-01-24T07:18:10+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/ccryptafotoDepositphotos_228885008_s-2019-1.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/","url":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/","name":"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500 - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-01-24T07:18:10+00:00","dateModified":"2021-01-24T07:18:10+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/ethereum-starts-fresh-increase-why-eth-could-surge-to-1500\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/109928"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=109928"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/109928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/109927"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=109928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=109928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=109928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}