{"id":600880,"date":"2024-04-02T04:14:05","date_gmt":"2024-04-02T04:14:05","guid":{"rendered":"https:\/\/wncen.com\/?p=600880"},"modified":"2024-06-11T07:57:18","modified_gmt":"2024-06-11T07:57:18","slug":"ethereum-price-drops-3320","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-drops-3320\/","title":{"rendered":"Ethereum Price Drops To Support, Another Chance To Load ETH?"},"content":{"rendered":"
Ethereum price faced rejection and dropped from the $3,650 zone. ETH retested the $3,320 support and might start another increase.<\/em><\/p>\n
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Ethereum started another decline and traded below the $3,500 support zone.<\/li>\n
The price is trading below $3,500 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance near $3,420 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could gain bullish momentum if it settles above the $3,450 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Dips Again<\/h2>\n
Ethereum price struggled to continue higher above the $3,650 resistance. ETH faced rejection and started a fresh decline below the $3,550 level, like Bitcoin<\/a>.<\/p>\n