{"id":571362,"date":"2024-01-25T04:55:10","date_gmt":"2024-01-25T04:55:10","guid":{"rendered":"https:\/\/uniquehot.com\/?p=571362"},"modified":"2024-06-11T07:46:12","modified_gmt":"2024-06-11T07:46:12","slug":"ethereum-price-holding-2165","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-holding-2165\/","title":{"rendered":"Ethereum Price is Primed For a Correction And Only 1 Thing is Holding it Back"},"content":{"rendered":"
Ethereum price is attempting an upside correction from the $2,150 support. ETH could gain pace if it clears the $2,240 resistance zone.<\/em><\/p>\n
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Ethereum started an upside correction from the $2,165 zone.<\/li>\n
The price is trading below $2,240 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a connecting bearish trend line with resistance near $2,235 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair might start a steady increase if it clears the $2,240 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Holds Support<\/h2>\n
Ethereum price extended its decline below the $2,240 support zone. ETH spiked below $2,200 before the bulls appeared near the $2,165 level. The price formed a short-term base and started an upside correction like Bitcoin<\/a>.<\/p>\n