{"id":647793,"date":"2024-10-14T04:28:23","date_gmt":"2024-10-14T04:28:23","guid":{"rendered":"https:\/\/www.uniquehot.com\/?p=647793"},"modified":"2024-10-14T04:07:14","modified_gmt":"2024-10-14T04:07:14","slug":"ethereum-price-momentum-2520","status":"publish","type":"post","link":"https:\/\/www.uniquehot.com\/analysis\/eth\/ethereum-price-momentum-2520\/","title":{"rendered":"Ethereum Price Gains Bullish Momentum: Is a Breakout Near?"},"content":{"rendered":"
Ethereum price started a steady increase above the $2,450 resistance. ETH is holding gains and might gain bullish momentum above $2,520.<\/em><\/p>\n
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Ethereum started a steady increase above the $2,420 and $2,450 resistance levels.<\/li>\n
The price is trading above $2,440 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key bullish trend line forming with support near $2,455 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must gain bullish momentum above the $2,520 and $2,550 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Regains Traction<\/h2>\n
Ethereum price formed a base above the $2,350 level and started a fresh increase. ETH cleared the $2,420 and $2,450 resistance levels to move into a positive zone, beating Bitcoin<\/a>.<\/p>\n