{"id":425898,"date":"2020-06-02T08:58:43","date_gmt":"2020-06-02T08:58:43","guid":{"rendered":"https:\/\/wncen.com\/?p=425898"},"modified":"2024-06-11T14:03:29","modified_gmt":"2024-06-11T14:03:29","slug":"ethereum-eth-hesitates-near-250-further-gains-likely","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-hesitates-near-250-further-gains-likely\/","title":{"rendered":"Ethereum Hesitates Near $250 But Further Gains Seem Likely"},"content":{"rendered":"
Ethereum is gaining bullish momentum and it recently tested the $250 resistance against the US Dollar. ETH price is likely to continue higher above the $255 and $260 resistance levels.<\/em><\/p>\n
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Ethereum is showing a lot of positive signs above the $240 level.<\/li>\n
The price is currently struggling to gain bullish momentum above the $250 resistance zone.<\/li>\n
There is a key bullish trend line forming with support near $242 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is likely to accelerate higher above the $255 and $260 levels in the near term.<\/li>\n<\/ul>\n