{"id":607136,"date":"2024-05-09T03:03:48","date_gmt":"2024-05-09T03:03:48","guid":{"rendered":"https:\/\/wncen.com\/?p=607136"},"modified":"2024-06-11T07:06:51","modified_gmt":"2024-06-11T07:06:51","slug":"ethereum-price-support-2940","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-support-2940\/","title":{"rendered":"Ethereum Price Looks Ready For Another Leg Higher Over If It Holds Support"},"content":{"rendered":"
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels.<\/em><\/p>\n
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Ethereum remained in a bearish zone and traded below the $3,000 level.<\/li>\n
The price is trading below $3,050 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a key bearish trend line with resistance at $2,980 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must stay above the $2,940 support to start another increase toward $3,220.<\/li>\n<\/ul>\n