{"id":624954,"date":"2024-06-17T05:28:58","date_gmt":"2024-06-17T05:28:58","guid":{"rendered":"https:\/\/wncen.com\/?p=624954"},"modified":"2024-06-17T05:16:54","modified_gmt":"2024-06-17T05:16:54","slug":"ethereum-outperforms-bitcoin-3650","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/eth\/ethereum-outperforms-bitcoin-3650\/","title":{"rendered":"Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase"},"content":{"rendered":"
Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone.<\/em><\/p>\n
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Ethereum started a recovery after the bulls appeared near the $3,365 zone.<\/li>\n
The price is trading above $3,550 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a key bearish trend line with resistance near $3,550 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could extend gains if it stays above the $3,550 pivot level.<\/li>\n<\/ul>\n