{"id":647390,"date":"2024-10-11T03:48:18","date_gmt":"2024-10-11T03:48:18","guid":{"rendered":"https:\/\/wncen.com\/?p=647390"},"modified":"2024-10-11T03:17:16","modified_gmt":"2024-10-11T03:17:16","slug":"ethereum-price-comeback-2420","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-comeback-2420\/","title":{"rendered":"Ethereum Price Targets a Comeback: Will the Bounce Last?"},"content":{"rendered":"
Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance.<\/em><\/p>\n
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Ethereum remained in a bearish zone and traded below the $2,360 zone.<\/li>\n
The price is trading below $2,420 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bearish trend line forming with resistance at $2,420 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must stay above the $2,350 support level to start decent increase in the near term.<\/li>\n<\/ul>\n