{"id":642730,"date":"2024-09-18T03:38:53","date_gmt":"2024-09-18T03:38:53","guid":{"rendered":"https:\/\/uniquehot.com\/?p=642730"},"modified":"2024-09-18T03:22:11","modified_gmt":"2024-09-18T03:22:11","slug":"ethereum-price-comeback-2385","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-comeback-2385\/","title":{"rendered":"Ethereum Price Comeback in Jeopardy: Is a Pullback Coming?"},"content":{"rendered":"
Ethereum price started a recovery wave above the $2,320 resistance. ETH is now struggling to gain pace for a move above the $2,385 resistance.<\/em><\/p>\n
\n
Ethereum started another decline from the $2,385 resistance.<\/li>\n
The price is trading below $2,350 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a short-term declining channel with resistance at $2,290 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must clear the $2,350 resistance to continue higher in the near term.<\/li>\n<\/ul>\n