{"id":574557,"date":"2024-02-12T04:32:20","date_gmt":"2024-02-12T04:32:20","guid":{"rendered":"https:\/\/wncen.com\/?p=574557"},"modified":"2024-06-11T07:13:04","modified_gmt":"2024-06-11T07:13:04","slug":"ethereum-price-signals-exhaustion-2550","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-price-signals-exhaustion-2550\/","title":{"rendered":"Ethereum Price Signals Uptrend Exhaustion But Dips Could Be Attractive"},"content":{"rendered":"
Ethereum price is struggling to clear the $2,550 resistance. ETH could start a downside correction if there is a move below the $2,475 support.<\/em><\/p>\n
\n
Ethereum is consolidating gains below the $2,550 resistance zone.<\/li>\n
The price is trading above $2,480 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break below a connecting bullish trend line with support at $2,515 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it stays above the $2,475 support zone.<\/li>\n<\/ul>\n