{"id":603972,"date":"2024-04-19T04:18:18","date_gmt":"2024-04-19T04:18:18","guid":{"rendered":"https:\/\/uniquehot.com\/?p=603972"},"modified":"2024-06-11T07:01:49","modified_gmt":"2024-06-11T07:01:49","slug":"ethereum-price-faces-test-2850","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-price-faces-test-2850\/","title":{"rendered":"Ethereum Price Faces Crucial Test: Will $2,850 Withstand the Pressure?"},"content":{"rendered":"
Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance.<\/em><\/p>\n
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Ethereum is still struggling to recover above the $3,100 resistance zone.<\/li>\n
The price is trading below $3,100 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance at $3,070 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could accelerate lower if there is a close below the $2,850 support zone.<\/li>\n<\/ul>\n