Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Is a bitcoin -top income? What suggest these flashing indicators

2025-05-17

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

2025-05-17

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

2025-05-17
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17

    Rideshare Company Lyft taps bee cards for decentralized mapping data

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • 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 Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum price is showing signs of new rally, but this resistance is key
Analysis

Ethereum price is showing signs of new rally, but this resistance is key

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

Ethereum price is rising above the $1,880 resistance against the US dollar. ETH could rise to $2,000 or $2,050 if it clears the $1,920 resistance.

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

Ethereum price is aiming higher

Ethereum price formed a base above the $1,800 support zone. ETH started a steady rise and managed to break through 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 USD 1,870. A low is forming near USD 1,867 and the price is now rising. There was a break above the 50% Fib retracement level from the recent drop from the $1,917 high to the $1,867 low.

Ether is now trading above USD 1,880 and the 100-hour Simple Moving Average. A major bullish trendline is also forming with support near USD 1,885 on the ETH/USD hourly chart.

Ethereum price

Source: ETHUSD at TradingView.com

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

See also  Crypto Strategist Issues Bitcoin Warning, Says BTC Price Action Signals Bearish Bias – Here Are His Targets

Are dips supported in ETH?

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

The next major support is near the $1,880 zone or the 100 hourly SMA, below which the ether price could fall towards the $1,840 support zone. More losses may push the price to the $1,805 level in the near term.

Technical indicators

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

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

Major Support Level – $1,880

Major resistance level – $1,920

Source link

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

Related Posts

Pi’s 4-week rally threatened what will decide if $ 0.30 is the next one

2025-05-17

Bitcoin Options Market also signals upwards potential for BTC price: New ATH soon?

2025-05-17

Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

2025-05-17

$ 40 billion in XRP on the road – where are they going?

2025-05-17
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trader Says Market Behavior Signaling Could Push Bitcoin (BTC) Up – Here’s Why

2023-11-04

Bitcoin SV Surges 22% – A Look at the Factors Behind the Surge

2023-10-18

JOE (JOE) Price Prediction 2024 2025 2026 2027

2023-12-27
Editors Picks

Polygon partners with Škoda Auto India for digital customer engagement

2024-04-09

Yikes! China Wants to Bring its Social Credit System to The Metaverse…

2023-08-22

A disruptor taking the Blockchain industry by storm

2024-02-26

Investor Chris Burniske Says Bitcoin Could Print ‘One of Those Candles’ Next Month – Here’s What He Means

2024-10-29
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Is a bitcoin -top income? What suggest these flashing indicators

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

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

  • bitcoinBitcoin(BTC)$103,207.89-0.01%
  • ethereumEthereum(ETH)$2,474.32-0.29%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.350.57%
  • binancecoinBNB(BNB)$641.760.24%
  • solanaSolana(SOL)$167.020.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.214896-0.30%
  • cardanoCardano(ADA)$0.74-0.32%
  • tronTRON(TRX)$0.2718621.36%
  • suiSui(SUI)$3.761.48%
  • chainlinkChainlink(LINK)$15.320.06%
  • avalanche-2Avalanche(AVAX)$22.08-1.73%
  • stellarStellar(XLM)$0.285701-0.54%
  • hyperliquidHyperliquid(HYPE)$26.44-1.93%
  • shiba-inuShiba Inu(SHIB)$0.0000140.82%
  • hedera-hashgraphHedera(HBAR)$0.190974-0.19%
  • unus-sed-leoUNUS SED LEO(LEO)$8.66-3.20%
  • bitcoin-cashBitcoin Cash(BCH)$396.010.69%
  • the-open-networkToncoin(TON)$3.071.73%
  • litecoinLitecoin(LTC)$96.22-1.96%
  • polkadotPolkadot(DOT)$4.60-0.33%
  • moneroMonero(XMR)$339.20-0.11%
  • bitget-tokenBitget Token(BGB)$4.970.69%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-0.27%
  • piPi(PI)$0.710.28%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • bittensorBittensor(TAO)$421.661.23%
  • uniswapUniswap(UNI)$5.71-2.56%
  • aaveAave(AAVE)$220.48-1.59%
  • nearNEAR Protocol(NEAR)$2.68-1.40%
  • okbOKB(OKB)$53.170.25%
  • aptosAptos(APT)$5.05-1.10%
  • ondo-financeOndo(ONDO)$0.920.83%
  • kaspaKaspa(KAS)$0.108895-5.32%
  • ethereum-classicEthereum Classic(ETC)$18.09-0.62%
  • internet-computerInternet Computer(ICP)$5.14-0.09%
  • gatechain-tokenGateToken(GT)$21.630.44%
  • crypto-com-chainCronos(CRO)$0.097186-0.77%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.682.69%
  • mantleMantle(MNT)$0.73-0.95%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2312880.50%
  • vechainVeChain(VET)$0.027654-0.29%
  • render-tokenRender(RENDER)$4.520.95%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • ethenaEthena(ENA)$0.355458-7.32%
  • filecoinFilecoin(FIL)$2.78-0.39%
  • algorandAlgorand(ALGO)$0.215196-0.41%
  • cosmosCosmos(ATOM)$4.700.18%
  • bitcoinBitcoin(BTC)$103,207.89-0.01%
  • ethereumEthereum(ETH)$2,474.32-0.29%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.350.57%
  • binancecoinBNB(BNB)$641.760.24%
  • solanaSolana(SOL)$167.020.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.214896-0.30%
  • cardanoCardano(ADA)$0.74-0.32%
  • tronTRON(TRX)$0.2718621.36%
  • suiSui(SUI)$3.761.48%
  • chainlinkChainlink(LINK)$15.320.06%
  • avalanche-2Avalanche(AVAX)$22.08-1.73%
  • stellarStellar(XLM)$0.285701-0.54%
  • hyperliquidHyperliquid(HYPE)$26.44-1.93%
  • shiba-inuShiba Inu(SHIB)$0.0000140.82%
  • hedera-hashgraphHedera(HBAR)$0.190974-0.19%
  • unus-sed-leoUNUS SED LEO(LEO)$8.66-3.20%
  • bitcoin-cashBitcoin Cash(BCH)$396.010.69%
  • the-open-networkToncoin(TON)$3.071.73%
  • litecoinLitecoin(LTC)$96.22-1.96%
  • polkadotPolkadot(DOT)$4.60-0.33%
  • moneroMonero(XMR)$339.20-0.11%
  • bitget-tokenBitget Token(BGB)$4.970.69%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-0.27%
  • piPi(PI)$0.710.28%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • bittensorBittensor(TAO)$421.661.23%
  • uniswapUniswap(UNI)$5.71-2.56%
  • aaveAave(AAVE)$220.48-1.59%
  • nearNEAR Protocol(NEAR)$2.68-1.40%
  • okbOKB(OKB)$53.170.25%
  • aptosAptos(APT)$5.05-1.10%
  • ondo-financeOndo(ONDO)$0.920.83%
  • kaspaKaspa(KAS)$0.108895-5.32%
  • ethereum-classicEthereum Classic(ETC)$18.09-0.62%
  • internet-computerInternet Computer(ICP)$5.14-0.09%
  • gatechain-tokenGateToken(GT)$21.630.44%
  • crypto-com-chainCronos(CRO)$0.097186-0.77%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.682.69%
  • mantleMantle(MNT)$0.73-0.95%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2312880.50%
  • vechainVeChain(VET)$0.027654-0.29%
  • render-tokenRender(RENDER)$4.520.95%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • ethenaEthena(ENA)$0.355458-7.32%
  • filecoinFilecoin(FIL)$2.78-0.39%
  • algorandAlgorand(ALGO)$0.215196-0.41%
  • cosmosCosmos(ATOM)$4.700.18%