{"id":564828,"date":"2023-12-11T05:00:56","date_gmt":"2023-12-11T05:00:56","guid":{"rendered":"https:\/\/wncen.com\/?p=564828"},"modified":"2024-06-11T14:43:04","modified_gmt":"2024-06-11T14:43:04","slug":"ethereum-price-dives-to-2000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-dives-to-2000\/","title":{"rendered":"Ethereum Price Dives To $2,000, Why Dips Remain Attractive"},"content":{"rendered":"
Ethereum price took a major hit like Bitcoin and dropped over $350. ETH tested the $2,000 support and is currently attempting a fresh increase.<\/em><\/p>\n
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Ethereum declined over 8% and broke the $2,200 support zone.<\/li>\n
The price is trading below $2,300 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break below a key bullish trend line with support near $2,340 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise again unless there is a close below the $2,100 support zone.<\/li>\n<\/ul>\n
Ethereum Price Took A Major Hit<\/h2>\n
Ethereum price climbed further higher above the $2,300 level. ETH even cleared the $2,350 level but the bears remained active near the $2,400 zone. A high was formed near $2,401 and there was a sharp decline like Bitcoin<\/a>.<\/p>\n