{"id":572710,"date":"2024-02-01T12:21:57","date_gmt":"2024-02-01T12:21:57","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=572710"},"modified":"2024-06-11T08:30:58","modified_gmt":"2024-06-11T08:30:58","slug":"ethereum-price-topside-vulnerable-2350","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/ethereum\/ethereum-price-topside-vulnerable-2350\/","title":{"rendered":"Ethereum Price Topside Bias Vulnerable Unless It Surges Past 100 SMA"},"content":{"rendered":"
Ethereum price started a fresh decline from the $2,350 resistance. ETH is now testing the $2,240 support and remains at risk of more downsides.<\/em><\/p>\n
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Ethereum started a fresh decline after it failed to surpass the $2,350 resistance zone.<\/li>\n
The price is trading below $2,300 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance near $2,300 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair might start a fresh increase if it manages to stay above the $2,240 level.<\/li>\n<\/ul>\n
Ethereum Price Eyes Fresh Increase<\/h2>\n
Ethereum price attempted a fresh increase above the $2,320 resistance zone. However, ETH struggled to gain strength for a move above the $2,350 resistance zone, like Bitcoin<\/a>.<\/p>\n