• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

2025-07-24

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

    2025-07-24

    Why Did Bitcoin and Crypto Dump Today?

    2025-07-23

    Bitcoin Bulls Brace For Next Major Rally

    2025-07-23

    Wall Street’s Crypto Moves Just Got Exposed

    2025-07-23
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key
Analysis

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

2023-05-05No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance.

  • Ethereum is moving higher toward the $2,000 resistance.
  • The price is trading above $1,880 and the 100-hourly Simple Moving Average.
  • There is a major bullish trend line forming with support near $1,885 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could gain bullish momentum if it clears the $1,920 resistance zone.

Ethereum Price Aims Higher

Ethereum’s price formed a base above the $1,800 support zone. ETH started a steady increase and cleared the $1,880 resistance zone, similar to Bitcoin at $28,800.

The price even climbed above $1,900 but faced sellers near $1,920. There was a downside correction but the bulls were active near $1,870. A low is formed near $1,867 and the price is now rising. There was a break above the 50% Fib retracement level of the recent decline from the $1,917 high to the $1,867 low.

Ether is now trading above $1,880 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support near $1,885 on the hourly chart of ETH/USD.

Ethereum Price

Source: ETHUSD on TradingView.com

Immediate resistance is near the $1,905 level. It is close to the 76.4% Fib retracement level of the recent decline from the $1,917 high to the $1,867 low. The next major resistance seems to be forming near $1,920. A close above the $1,920 resistance zone could send Ethereum toward the $1,940 resistance. Any more gains could send Ether toward the $2,000 resistance. In the stated case, the price may even rise toward the $2,120 resistance.

See also  Analyst Who Accurately Called Bitcoin 2018 Bottom Predicts Big Ethereum Rally – But There’s a Catch

Are Dips Supported in ETH?

If Ethereum fails to clear the $1,920 resistance, it could start a downside correction. Initial support on the downside is near the $1,885 level and the trend line.

The next major support is near the $1,880 zone or the 100 hourly SMA, below which ether price might drop toward the $1,840 support zone. Any more losses may perhaps take the price toward the $1,805 level in the near term.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone.

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

Major Support Level – $1,880

Major Resistance Level – $1,920

Ethereum Fresh Key Price rally Resistance showing Signs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

2025-07-24

Bitcoin Bulls Brace For Next Major Rally

2025-07-23

ETH to $4000, Bitcoin Price Rally, Altseason, ADA, XRP, SOL & More

2025-07-21

Should Trump Fire Jerome Powell? | Ethereum Pumps

2025-07-16
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

Game OVER for Crypto and MEME coins!

2025-02-24

The crypto market is where large wealth gains are made! . Do you want $30000…

Analysis

Ethereum Price Defies Gravity, Here’s What Could Spark Bullish Moves

2023-10-20

Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is…

Videos

💥DCA Live: Covering Diminishing Everything! Why it’s 👌

2024-01-08

Bitcoin #Crypto #Markets #DCALive #CTO #Ivan #LifeChanging Subscribe to @CTOLARSSON and @IvanOnTech.

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

2025-07-24

Why Did Bitcoin and Crypto Dump Today?

2025-07-23
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,994.61
ethereum
Ethereum (ETH) $ 3,744.09
xrp
XRP (XRP) $ 3.17
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 794.91
solana
Solana (SOL) $ 185.01
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.235911
staked-ether
Lido Staked Ether (STETH) $ 3,751.96
tron
TRON (TRX) $ 0.320101
bitcoin
Bitcoin (BTC) $ 117,994.61
ethereum
Ethereum (ETH) $ 3,744.09
xrp
XRP (XRP) $ 3.17
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 794.91
solana
Solana (SOL) $ 185.01
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.235911
staked-ether
Lido Staked Ether (STETH) $ 3,751.96
tron
TRON (TRX) $ 0.320101