{"id":641648,"date":"2024-09-13T03:28:24","date_gmt":"2024-09-13T03:28:24","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=641648"},"modified":"2024-09-13T03:10:24","modified_gmt":"2024-09-13T03:10:24","slug":"ethereum-price-consolidates-2500","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/analysis\/eth\/ethereum-price-consolidates-2500\/","title":{"rendered":"Ethereum Price Consolidates: Is a Breakout to $2,500 on the Horizon?"},"content":{"rendered":"
Ethereum price is holding gains above the $2,300 level. ETH could gain bullish momentum if it clears the $2,380 resistance zone.<\/em><\/p>\n
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Ethereum is showing positive signs but facing hurdles near $2,400.<\/li>\n
The price is trading above $2,320 and the 100-hourly Simple Moving Average.<\/li>\n
There is a key contracting triangle forming with resistance at $2,365 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair must clear the $2,400 resistance to continue higher in the near term.<\/li>\n<\/ul>\n