{"id":650438,"date":"2024-10-29T03:48:49","date_gmt":"2024-10-29T03:48:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=650438"},"modified":"2024-10-29T03:14:00","modified_gmt":"2024-10-29T03:14:00","slug":"ethereum-price-follows-bitcoin-2650","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-follows-bitcoin-2650\/","title":{"rendered":"Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short"},"content":{"rendered":"
Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin\u2019s rally, but it is lacking the same strength.<\/em><\/p>\n
\n
Ethereum started a decent increase above the $2,600 zone.<\/li>\n
The price is trading above $2,550 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bullish trend line forming with support at $2,520 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to rise if it clears the $2,630 and $2,650 resistance levels.<\/li>\n<\/ul>\n