{"id":514372,"date":"2023-01-01T23:04:30","date_gmt":"2023-01-02T04:04:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=514372"},"modified":"2024-06-11T08:21:07","modified_gmt":"2024-06-11T08:21:07","slug":"ethereum-price-faces-hurdles-1250","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-faces-hurdles-1250\/","title":{"rendered":"Ethereum Price Faces Hurdles, Why ETH Is Vulnerable Below $1,250"},"content":{"rendered":"
Ethereum is trading in a range below $1,250 against the US Dollar. ETH could continue to move down below if it stays below the $1,220 resistance.<\/em><\/p>\n
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Ethereum is still trading in a range below the $1,200 and $1,220 resistance levels.<\/li>\n
The price is now trading below $1,200 and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $1,195 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair remains at a risk of a fresh decline if it stays below the $1,120 level or even $1,250.<\/li>\n<\/ul>\n
Ethereum Price Still In Range<\/h2>\n
Ethereum price attempted an upside break above the $1,210 zone. ETH faced resistance below $1,220 and remained in a bearish zone, similar to bitcoin<\/a>.<\/p>\n