{"id":144794,"date":"2023-09-01T15:27:18","date_gmt":"2023-09-01T09:57:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=144794"},"modified":"2023-09-01T15:27:18","modified_gmt":"2023-09-01T09:57:18","slug":"ethereum-eth-price-analysis-for-august-30-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereum-eth-price-analysis-for-august-30-crypto-news\/","title":{"rendered":"Ethereum (ETH) Price Analysis for August 30 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Despite the positive start to the day for bulls, bears have almost seized the initiative, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/doge-price-analysis-for-august-29\">CoinStats<\/a>.<\/p>\n<\/p>\n<p>Top coins by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinstats.app\/coins\/\"><u>CoinStats<\/u><\/a><\/p>\n<h2>ETH\/USD<\/h2>\n<p>The rate of Ethereum (ETH) has declined by 0.87% over the last 24 hours.<\/p>\n<p><img decoding=\"async\" alt=\"ETH\/USD chart by TradingView\" data-entity-type=\"file\" data-entity-uuid=\"7e129ce5-f0d2-4d8f-bfd5-a3185dad3eab\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/eth1_83.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\"><u>TradingView<\/u><\/a><\/p>\n<p>On the hourly chart, the price of Ethereum (ETH) is near the local support, which means there is a high possibility of seeing a further drop.<\/p>\n<p>If the breakout of the $1,696 level happens, the decrease may continue to the $1,680 zone tomorrow.<\/p>\n<p><img decoding=\"async\" alt=\"ETH\/USD chart by TradingView\" data-entity-type=\"file\" data-entity-uuid=\"01fe3094-944d-4718-a2f6-4f10408960df\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/eth2_87.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\"><u>TradingView<\/u><\/a><\/p>\n<p>Today&#8217;s fall has not affected the technical position of ETH on the daily time frame. At the moment, traders should focus on the $1,700 zone. If buyers can hold the price above that mark, the upward move may continue.<\/p>\n<p><img decoding=\"async\" alt=\"ETH\/USD chart by TradingView\" data-entity-type=\"file\" data-entity-uuid=\"0f829a72-3694-41e0-bee3-863a5220438a\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/eth3_80.png\" \/><\/p>\n<p>Image by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\"><u>TradingView<\/u><\/a><\/p>\n<p>On the bigger time frame, it is too early to make any predictions as the price of ETH has not accumulated enough energy for a continued midterm move. Respectively, ongoing consolidation in the area of $1,650-$1,750 is the more likely scenario for the next few weeks.<\/p>\n<p>Ethereum is trading at $1,701 at press time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite the positive start to the day for bulls, bears have almost seized the initiative, according to CoinStats. Top coins by CoinStats ETH\/USD The rate of Ethereum (ETH) has declined by 0.87% over the last 24 hours. Image by TradingView On the hourly chart, the price of Ethereum (ETH) is near the local support, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":144795,"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-144794","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\/144794","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=144794"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/144794\/revisions"}],"predecessor-version":[{"id":145871,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/144794\/revisions\/145871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/144795"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=144794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=144794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=144794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}