{"id":629385,"date":"2024-07-12T03:18:07","date_gmt":"2024-07-12T03:18:07","guid":{"rendered":"https:\/\/wncen.com\/?p=629385"},"modified":"2024-07-12T02:45:04","modified_gmt":"2024-07-12T02:45:04","slug":"ethereum-price-rises-3200","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-rises-3200\/","title":{"rendered":"Ethereum Price Rises Amid Challenges: Will ETH Break Above $3,200?"},"content":{"rendered":"
Ethereum price extended its increase above the $3,120 resistance zone. ETH could soon aim for a move above the $3,200 resistance.<\/em><\/p>\n
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Ethereum is slowly moving higher above the $3,080 level.<\/li>\n
The price is trading above $3,080 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bullish trend line forming with support at $3,070 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could rise steadily if there is a close above the $3,200 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Outperforms Bitcoin<\/h2>\n
Ethereum price extended its recovery wave above the $3,050 resistance zone. ETH even climbed above the $3,150 resistance. Finally, there was a spike above the $3,200 resistance, outperforming Bitcoin<\/a>.<\/p>\n