{"id":611459,"date":"2024-06-05T03:18:19","date_gmt":"2024-06-05T03:18:19","guid":{"rendered":"https:\/\/www.wncen.com\/?p=611459"},"modified":"2024-06-11T06:45:16","modified_gmt":"2024-06-11T06:45:16","slug":"ethereum-price-stuck-3840","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/ethereum\/ethereum-price-stuck-3840\/","title":{"rendered":"Ethereum Price Stuck in a Rut but Poised for an Exciting Upside Break"},"content":{"rendered":"
Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels.<\/em><\/p>\n
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Ethereum is holding gains above the $3,720 level.<\/li>\n
The price is trading above $3,750 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bullish trend line forming with support near $3,760 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase unless there is a close below the $3,720 support.<\/li>\n<\/ul>\n
Ethereum Price Holds Support<\/h2>\n
Ethereum price declined again below the $3,760 support zone. ETH retested the $3,720 support and remained well-bid. A low was formed at $3,728 and the price started another increase, like Bitcoin<\/a>.<\/p>\n