{"id":481484,"date":"2022-01-19T09:50:32","date_gmt":"2022-01-19T09:50:32","guid":{"rendered":"https:\/\/wncen.com\/?p=481484"},"modified":"2024-06-11T14:10:44","modified_gmt":"2024-06-11T14:10:44","slug":"ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\/","title":{"rendered":"TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K"},"content":{"rendered":"
Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000.<\/em><\/p>\n
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Ethereum extended decline below the $3,200 and $3,150 support levels.<\/li>\n
The price is trading below $3,200 and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $3,120 and $3,150 resistance levels.<\/li>\n<\/ul>\n