{"id":112344,"date":"2025-11-12T03:08:28","date_gmt":"2025-11-12T03:08:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=112344"},"modified":"2025-11-12T03:08:28","modified_gmt":"2025-11-12T03:08:28","slug":"ethereum-pullback-reaches-support-will-bulls-step-in-to-defend-territory","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=112344","title":{"rendered":"Ethereum Pullback Reaches Support \u2014 Will Bulls Step In to Defend Territory?"},"content":{"rendered":"

Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support.<\/em><\/p>\n

Ethereum started a fresh decline after it failed to stay above $3,620.
\nThe price is trading below $3,550 and the 100-hourly Simple Moving Average.
\nThere was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move down if it settles below the $3,360 zone.<\/p>\n

Ethereum Price Dips Again<\/h2>\n

Ethereum price started a recovery wave above $3,400 and $3,550, like Bitcoin<\/a>. ETH price was able to climb above the $3,600 and $3,620 resistance levels.<\/p>\n

However, the bears remained active near the $3,650 zone. A high was formed at $3,658 and the price started a downside correction. There was a move below the $3,550 level. There was a break below a bullish trend line<\/a> with support at $3,575 on the hourly chart of ETH\/USD.<\/p>\n

The price tested the 50% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average.<\/p>\n

<\/a><\/p>\n

If there is another recovery wave, the price could face resistance near the $3,500 level. The next key resistance is near the $3,520 level. The first major resistance is near the $3,550 level. A clear move above the $3,550 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,800 resistance zone or even $3,880 in the near term.<\/p>\n

Another Decline In ETH?<\/h2>\n

If Ethereum fails to clear the $3,550 resistance, it could start a fresh decline. Initial support on the downside is near the $3,420 level. The first major support sits near the $3,360 zone and the 61.8% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high.<\/p>\n

A clear move below the $3,360 support might push the price toward the $3,290 support. Any more losses might send the price toward the $3,220 region in the near term. The next key support sits at $3,175 and $3,150.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n

Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n

Major Support Level \u2013 $3,360<\/p>\n

Major Resistance Level \u2013 $3,550<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support. Ethereum started a fresh decline after it failed to stay above $3,620. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend […]<\/p>\n","protected":false},"author":0,"featured_media":112345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-112344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/112344"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=112344"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/112344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/112345"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}