{"id":627545,"date":"2024-07-03T03:28:32","date_gmt":"2024-07-03T03:28:32","guid":{"rendered":"https:\/\/uniquehot.com\/?p=627545"},"modified":"2024-07-03T03:14:51","modified_gmt":"2024-07-03T03:14:51","slug":"ethereum-reverses-course-3400","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-reverses-course-3400\/","title":{"rendered":"Ethereum Reverses Course: Can ETH Bulls Save The Day?"},"content":{"rendered":"
Ethereum price failed to climb above the $3,520 zone and corrected gains. ETH is now showing bearish signs below the $3,400 support zone.<\/em><\/p>\n
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Ethereum started a downside correction after it failed to surpass the $3,520 zone.<\/li>\n
The price is trading below $3,400 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bearish trend line forming with resistance near $3,410 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is now at risk of more downsides below the $3,350 support zone.<\/li>\n<\/ul>\n