{"id":607669,"date":"2024-05-13T05:47:53","date_gmt":"2024-05-13T05:47:53","guid":{"rendered":"https:\/\/www.wncen.com\/?p=607669"},"modified":"2024-06-11T06:58:39","modified_gmt":"2024-06-11T06:58:39","slug":"ethereum-price-takes-hit-2865","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/ethereum\/ethereum-price-takes-hit-2865\/","title":{"rendered":"Ethereum Price Takes Hit and Turns At Risk of Fresh Lows"},"content":{"rendered":"
Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term.<\/em><\/p>\n
\n
Ethereum struggled to clear the $2,950 resistance and started a fresh decline.<\/li>\n
The price is trading below $2,920 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $2,910 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could gain bearish momentum if there is a move below the $2,850 support.<\/li>\n<\/ul>\n