{"id":573532,"date":"2024-02-06T04:48:23","date_gmt":"2024-02-06T04:48:23","guid":{"rendered":"https:\/\/uniquehot.com\/?p=573532"},"modified":"2024-06-11T08:33:08","modified_gmt":"2024-06-11T08:33:08","slug":"ethereum-price-vulnerable-2400","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-vulnerable-2400\/","title":{"rendered":"Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $2,400"},"content":{"rendered":"
Ethereum price is consolidating above the $2,250 zone. ETH could start a decent increase if it clears the $2,340 and $2,380 resistance levels.<\/em><\/p>\n
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Ethereum is struggling to gain pace for a move above the $2,350 zone.<\/li>\n
The price is trading above $2,300 and the 100-hourly Simple Moving Average.<\/li>\n
There is a short-term rising channel forming with resistance near $2,350 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair might start a fresh increase if it manages to clear the $2,350 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Eyes Fresh Increase<\/h2>\n
Ethereum price remained in a range below the $2,350 resistance zone. ETH traded lower below $2,320, but the bulls were active near the $2,280 support zone.<\/p>\n