{"id":628492,"date":"2024-07-09T03:48:23","date_gmt":"2024-07-09T03:48:23","guid":{"rendered":"https:\/\/wncen.com\/?p=628492"},"modified":"2024-07-09T03:17:03","modified_gmt":"2024-07-09T03:17:03","slug":"ethereum-targets-3320","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/eth\/ethereum-targets-3320\/","title":{"rendered":"Ethereum Targets $3,320: Bulls Eye Recovery with Base Formation"},"content":{"rendered":"
Ethereum price seems to be forming a base above the $2,820 level. ETH could break the $3,160 resistance and rise toward the $3,320 resistance.<\/em><\/p>\n
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Ethereum is consolidating losses above the $2,880 level.<\/li>\n
The price is trading above $3,000 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a key bearish trend line with resistance near $2,960 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could gain bullish momentum if there is a close above the $3,160 resistance.<\/li>\n<\/ul>\n