{"id":515679,"date":"2023-01-11T01:23:09","date_gmt":"2023-01-11T06:23:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=515679"},"modified":"2024-06-11T14:35:12","modified_gmt":"2024-06-11T14:35:12","slug":"ethereum-price-consolidate-gains-1350","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-consolidate-gains-1350\/","title":{"rendered":"Ethereum Price Consolidate Gains and Seems Poised For Upside Break"},"content":{"rendered":"
Ethereum climbed higher above the $1,320 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently consolidating gains.<\/em><\/p>\n
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Ethereum started a decent increase above the $1,300 and $1,320 resistance levels.<\/li>\n
The price is now trading above $1,320 and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $1,295 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start another increase if it stays above the $1,280 support zone.<\/li>\n<\/ul>\n
Ethereum Price Eyes More Upsides<\/h2>\n
Ethereum price started a decent increase above the $1,300 resistance. ETH was able to settle above the $1,300 resistance zone and gained pace for a move above $1,320, similar to bitcoin<\/a> above $17,000.<\/p>\n