{"id":120833,"date":"2021-04-12T13:58:00","date_gmt":"2021-04-12T13:58:00","guid":{"rendered":"https:\/\/precoinnews.com\/?p=120833"},"modified":"2021-04-12T13:58:00","modified_gmt":"2021-04-12T13:58:00","slug":"ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/","title":{"rendered":"Ethereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level"},"content":{"rendered":"

Ethereum has taken a step further as it broke the $2,150 resistance. Ether price rallied to $2,200 high. The bulls broke the $2,150 resistance after several attempts. <\/strong><\/p>\n

In the previous price action, on April 10, buyers broke the resistance level but the bullish momentum could not be sustained as price fell back to the range-bound zone. Today, buyers have broken the resistance at $2,150 but price is fluctuating below and above the current support. <\/p>\n

On the upside, if the bullish momentum is sustained above $2,150, Ethereum will rally above the $2,500 high. Presently, the upward move is facing resistance at the high of $2,200. A break above the current resistance will propel price to rise on the upside. Conversely, if buyers fail to breach the resistance at $2,200, the market will be compelled to a sideways move below the recent high. Ether is trading at $2,165.30 at the time of writing.<\/p>\n

Ethereum indicator analysis   <\/h2>\n

Ether price is approaching the resistance line of the ascending channel. The biggest altcoin will have an accelerated price movement if price breaks and closes above the resistance line. The crypto\u2019s price is likely to rally on the upside as it is at level 63 of the Relative Strength Index period 14.<\/p>\n

<\/p>\n

Technical indicators:   <\/h3>\n

Major Resistance Levels \u2013 $2,500 and $2,700<\/b><\/p>\n

Major Support Levels \u2013 $1.500 and $1,300
<\/b><\/p>\n

\n

What is the next direction for Ethereum? <\/p>\n<\/h2>\n

Ethereum is likely to rise as bulls break the resistance at $2,150. The price indicator has indicated an upward move of price. On April 3 and 7, a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement gives the impression that Ether will rise to level 1.272 Fibonacci extension or the high of $2,299.45.  <\/p>\n

<\/p>\n

Disclaimer. This analysis and forecast are the personal opinions of the author that are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their research before investing funds.<\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum has taken a step further as<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nEthereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - 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-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ethereum has taken a step further as\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T13:58:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinidol.com\/upload\/medialibrary\/b6b\/b6b5a2d2049347fc47222462bc6a3258.png\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/\",\"name\":\"Ethereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-04-12T13:58:00+00:00\",\"dateModified\":\"2021-04-12T13:58:00+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/#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 Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level\"}]},{\"@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 Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - 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-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - Pre Coin News","og_description":"Ethereum has taken a step further as","og_url":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/","og_site_name":"Pre Coin News","article_published_time":"2021-04-12T13:58:00+00:00","og_image":[{"url":"https:\/\/coinidol.com\/upload\/medialibrary\/b6b\/b6b5a2d2049347fc47222462bc6a3258.png"}],"author":"mediabest","twitter_card":"summary_large_image","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/","url":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/","name":"Ethereum Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-04-12T13:58:00+00:00","dateModified":"2021-04-12T13:58:00+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/ethereum-slumps-below-2150-unable-to-sustain-above-2200-resistance-level\/#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 Slumps Below $2,150, Unable To Sustain Above $2,200 Resistance Level"}]},{"@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\/120833"}],"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=120833"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/120833\/revisions"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=120833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=120833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=120833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}