{"id":610739,"date":"2024-05-31T01:38:06","date_gmt":"2024-05-31T01:38:06","guid":{"rendered":"https:\/\/uniquehot.com\/?p=610739"},"modified":"2024-06-11T06:51:12","modified_gmt":"2024-06-11T06:51:12","slug":"ethereum-battle-3800","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-battle-3800\/","title":{"rendered":"Ethereum Faces an Uphill Battle: Can It Overcome the Challenges?"},"content":{"rendered":"
Ethereum price extended its decline and tested the $3,720 support. ETH is now consolidating and facing many hurdles near the $3,800 level.<\/em><\/p>\n
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Ethereum extended its decline and tested the $3,720 zone.<\/li>\n
The price is trading below $3,820 and the 100-hourly Simple Moving Average.<\/li>\n
There is a new bearish trend line forming with resistance at $3,810 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to move down if it breaks the $3,720 support.<\/li>\n<\/ul>\n