{"id":598384,"date":"2024-03-18T04:42:26","date_gmt":"2024-03-18T04:42:26","guid":{"rendered":"https:\/\/wncen.com\/?p=598384"},"modified":"2024-06-11T07:56:05","modified_gmt":"2024-06-11T07:56:05","slug":"ethereum-price-grinds-lower-3400","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-grinds-lower-3400\/","title":{"rendered":"Ethereum Price Grinds Lower, Why Pullback Is Not Over Yet"},"content":{"rendered":"
Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term.<\/em><\/p>\n
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Ethereum started a downside correction below the $3,700 zone.<\/li>\n
The price is trading below $3,700 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $3,660 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could resume its increase if it clears the $3,750 resistance zone.<\/li>\n<\/ul>\n