{"id":598934,"date":"2024-03-21T04:24:27","date_gmt":"2024-03-21T04:24:27","guid":{"rendered":"https:\/\/wncen.com\/?p=598934"},"modified":"2024-06-11T07:57:31","modified_gmt":"2024-06-11T07:57:31","slug":"ethereum-price-rallies-3550","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-rallies-3550\/","title":{"rendered":"Ethereum Price Rallies 10%, Why Close Above $3,550 Is The Key"},"content":{"rendered":"
Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone.<\/em><\/p>\n
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Ethereum started a decent recovery wave from the $3,050 zone.<\/li>\n
The price is trading above $3,350 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a major bearish trend line with resistance at $3,400 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to rise if it settles above the $3,550 resistance zone.<\/li>\n<\/ul>\n