{"id":606826,"date":"2024-05-07T04:32:52","date_gmt":"2024-05-07T04:32:52","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=606826"},"modified":"2024-06-11T06:58:41","modified_gmt":"2024-06-11T06:58:41","slug":"ethereum-price-recovery-3125","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-price-recovery-3125\/","title":{"rendered":"Ethereum Price Recovery In Jeopardy? Decoding Major Hurdles To Upside Continuation"},"content":{"rendered":"
Ethereum price extended its recovery wave above the $3,120 zone. ETH failed to surpass the $3,220 resistance and is currently trimming gains.<\/em><\/p>\n
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Ethereum climbed further above the $3,150 and $3,200 levels before the bears appeared.<\/li>\n
The price is trading below $3,120 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break below a major bullish trend line with support at $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must stay above the $3,020 support to start another increase toward $3,220.<\/li>\n<\/ul>\n