{"id":644444,"date":"2024-09-25T03:28:26","date_gmt":"2024-09-25T03:28:26","guid":{"rendered":"https:\/\/wncen.com\/?p=644444"},"modified":"2024-09-25T03:05:49","modified_gmt":"2024-09-25T03:05:49","slug":"ethereum-price-comeback-2700","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-comeback-2700\/","title":{"rendered":"Ethereum Price Poised for a Comeback: Can It Break $2,700?"},"content":{"rendered":"
Ethereum price is holding gains above the $2,650 resistance. ETH is now consolidating gains and might aim for more gains above $2,700.<\/em><\/p>\n
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Ethereum is aiming for more upsides above the $2,700 resistance.<\/li>\n
The price is trading above $2,620 and the 100-hourly Simple Moving Average.<\/li>\n
There is a short-term contracting triangle forming with support at $2,620 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must stay above the $2,600 support to continue higher in the near term.<\/li>\n<\/ul>\n
Ethereum Price Eyes More Upsides<\/h2>\n
Ethereum price extended its increase and climbed toward the $2,700 level before the bears appeared. ETH started a downside correction from the $2,701 high like Bitcoin<\/a>.<\/p>\n