{"id":590604,"date":"2024-02-29T04:07:37","date_gmt":"2024-02-29T04:07:37","guid":{"rendered":"https:\/\/wncen.com\/?p=590604"},"modified":"2024-06-11T07:56:18","modified_gmt":"2024-06-11T07:56:18","slug":"ethereum-price-bullish-spree-3500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-bullish-spree-3500\/","title":{"rendered":"Ethereum Price Prepares To Go On Another Bullish Spree, Key Support Intact"},"content":{"rendered":"
Ethereum price climbed to a new multi-month high above $3,400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree.<\/em><\/p>\n
\n
Ethereum extended its increase above the $3,400 resistance zone.<\/li>\n
The price is trading above $3,350 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support at $3,250 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could correct lower, but dips might be limited below the $3,250 support zone.<\/li>\n<\/ul>\n