{"id":141904,"date":"2023-09-01T20:39:04","date_gmt":"2023-09-01T15:09:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141904"},"modified":"2023-09-01T20:39:04","modified_gmt":"2023-09-01T15:09:04","slug":"ethereum-eth-price-analysis-for-august-24-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereum-eth-price-analysis-for-august-24-crypto-news\/","title":{"rendered":"Ethereum (ETH) Price Analysis for August 24 – Crypto News"},"content":{"rendered":"

<\/p>\n

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Buyers remain more powerful than sellers to a certain extent as the prices of most of the coins<\/a> are rising.<\/p>\n<\/p>\n

Top coins by CoinMarketCap<\/u><\/a><\/p>\n

ETH\/USD<\/h2>\n

The price of Ethereum (ETH) has increased by 0.84% over the past 24 hours.<\/p>\n

\"ETH\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

On the short-term chart, traders should keep an eye on the immediate resistance level at $1,650.9. Should a false breakout occur, the price could potentially climb to the range of $1,660 to $1,670 in the near future.<\/p>\n

\"ETH\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

Conversely, the daily chart presents a different scenario. The bullish momentum was unable to sustain yesterday’s gains.<\/p>\n

If the situation remains unchanged by the end of the day, sellers could potentially take control, causing the price to drop toward the crucial $1,600 level.<\/p>\n

\"ETH\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

Over a weekly timeframe, it is crucial to monitor the closing price of the candlestick. If selling pressure persists and the candlestick closes near the support level of $1,571, we could witness a sharp decline to the $1,450 to $1,500 range.<\/p>\n

Ethereum is trading at $1,648 at press time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Buyers remain more powerful than sellers to a certain extent as the prices of most of the coins are rising. Top coins by CoinMarketCap ETH\/USD The price of Ethereum (ETH) has increased by 0.84% over the past 24 hours. Image by TradingView On the short-term chart, traders should keep an eye on the immediate resistance […]<\/p>\n","protected":false},"author":2,"featured_media":141905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-141904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=141904"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141904\/revisions"}],"predecessor-version":[{"id":146811,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141904\/revisions\/146811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/141905"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}