{"id":631959,"date":"2024-07-29T03:58:51","date_gmt":"2024-07-29T03:58:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=631959"},"modified":"2024-07-29T03:35:54","modified_gmt":"2024-07-29T03:35:54","slug":"ethereum-to-match-bitcoin-strength","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-to-match-bitcoin-strength\/","title":{"rendered":"Ethereum To Match Bitcoin’s Strength and Surge? Indicators Turn Green"},"content":{"rendered":"
Ethereum price started a decent upward move from the $3,080 support zone. ETH is recovering and might aim for a test of the $3,500 resistance zone.<\/em><\/p>\n
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Ethereum is showing positive signs from the $3,150 pivot zone.<\/li>\n
The price is trading above $3,250 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a key bearish trend line with resistance at $3,280 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to move up if it stays above the $3,280 support zone.<\/li>\n<\/ul>\n
Ethereum Price Eyes Steady Increase To $3,500<\/h2>\n
Ethereum price formed a base above the $3,080 support zone. A low is formed at $3,087 and the price started a decent increase above the $3,220 resistance zone, but lagged strength like Bitcoin<\/a>.<\/p>\n