{"id":552075,"date":"2023-09-20T03:25:49","date_gmt":"2023-09-20T03:25:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=552075"},"modified":"2024-06-11T12:10:53","modified_gmt":"2024-06-11T12:10:53","slug":"ethereum-price-lacks-momentum-1660","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-lacks-momentum-1660\/","title":{"rendered":"Ethereum Price Lacks Momentum Above $1,660, ETH Holders Are Safe: Here’s Why"},"content":{"rendered":"
Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to start another increase.<\/em><\/p>\n
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Ethereum struggled to clear the $1,660 resistance.<\/li>\n
The price is trading above $1,635 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key contracting triangle forming with resistance near $1,650 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must stay above the $1,620 support zone to start another increase in the short term.<\/li>\n<\/ul>\n