{"id":632162,"date":"2024-07-30T03:28:43","date_gmt":"2024-07-30T03:28:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=632162"},"modified":"2024-07-30T02:59:20","modified_gmt":"2024-07-30T02:59:20","slug":"ethereum-price-stabilizes-3250","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-stabilizes-3250\/","title":{"rendered":"Ethereum Price Stabilizes: Can ETH Gain Traction for an Upswing?"},"content":{"rendered":"
Ethereum price struggled to clear the $3,400 zone and corrected gains. ETH is firm near $3,280 and might attempt another increase in the near term.<\/em><\/p>\n
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Ethereum started a downside correction from the $3,400 resistance.<\/li>\n
The price is trading near $3,280 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support at $3,280 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start another increase unless there is a close below the $3,250 support zone.<\/li>\n<\/ul>\n
Ethereum Price Holds Firm While Bitcoin Dips<\/h2>\n
Ethereum price extended its increase above the $3,250 zone. ETH even cleared the $3,350 resistance zone and tested the $3,400 level. Recently, there was a downside correction from the $3,395 high, but it was less compared to Bitcoin<\/a>.<\/p>\n