{"id":609385,"date":"2024-05-23T01:58:51","date_gmt":"2024-05-23T01:58:51","guid":{"rendered":"https:\/\/wncen.com\/?p=609385"},"modified":"2024-06-11T07:00:07","modified_gmt":"2024-06-11T07:00:07","slug":"ethereum-price-consolidates-3650","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-consolidates-3650\/","title":{"rendered":"Ethereum Price Consolidates: Steadying Before the Next Move?"},"content":{"rendered":"
Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term.<\/em><\/p>\n
\n
Ethereum started a consolidation after it tested the $3,840 resistance zone.<\/li>\n
The price is trading above $3,700 and the 100-hourly Simple Moving Average.<\/li>\n
There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to move up unless there is a break below the $3,450 support.<\/li>\n<\/ul>\n