{"id":598590,"date":"2024-03-19T04:20:46","date_gmt":"2024-03-19T04:20:46","guid":{"rendered":"https:\/\/uniquehot.com\/?p=598590"},"modified":"2024-06-11T07:48:47","modified_gmt":"2024-06-11T07:48:47","slug":"ethereum-price-extends-losses-3200","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-extends-losses-3200\/","title":{"rendered":"Ethereum Price Extends Losses, Can Bears Send ETH To $3,200?"},"content":{"rendered":"
Ethereum price extended its decline below $3,500. ETH is showing a few bearish signs and there could be a drop toward the $3,200 support zone.<\/em><\/p>\n
\n
Ethereum started a downside correction below the $3,550 zone.<\/li>\n
The price is trading below $3,550 and the 100-hourly Simple Moving Average.<\/li>\n
There is a major bearish trend line forming with resistance at $3,520 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could resume its decline if it stays below the $3,520 and $3,550 resistance levels.<\/li>\n<\/ul>\n