
{"id":115737,"date":"2025-11-26T03:08:09","date_gmt":"2025-11-26T03:08:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=115737"},"modified":"2025-11-26T03:08:09","modified_gmt":"2025-11-26T03:08:09","slug":"ethereum-price-attempts-fresh-recovery-as-bullish-pressure-builds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=115737","title":{"rendered":"Ethereum Price Attempts Fresh Recovery as Bullish Pressure Builds"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above <\/em><em>$2,880. ETH might gain bullish momentum if it manages to settle above the $3,000 resistance.<\/em><\/p>\n<p>Ethereum started a recovery wave above $2,850 and $2,880.<br \/>\nThe price is trading above $2,900 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break above a key bearish trend line with resistance at $2,950 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it settles above the $3,000 zone.<\/p>\n<h2>Ethereum Price Eyes Upside Break<\/h2>\n<p>Ethereum price managed to stay above $2,750 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-loses-strength-90k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price was able to climb above the $2,800 and $2,850 levels.<\/p>\n<p>The bulls were able to push the price above the 61.8% Fib retracement level of the downward move from the $3,058 swing high to the $2,620 low. Besides, there was a break above a key bearish trend line with resistance at $2,950 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $2,840 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-approaches-3k\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. It is also above the 76.4% Fib retracement level of the downward move from the $3,058 swing high to the $2,620 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Ethereum_055b59.png\"><\/a><\/p>\n<p>If there is another recovery wave, the price could face resistance near the $2,980 level. The next key resistance is near the $3,000 level. The first major resistance is near the $3,060 level. A clear move above the $3,060 resistance might send the price toward the $3,150 resistance. An upside break above the $3,150 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,220 resistance zone or even $3,250 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,000 resistance, it could start a fresh decline. Initial support on the downside is near the $2,920 level. The first major support sits near the $2,880 zone.<\/p>\n<p>A clear move below the $2,880 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,740 region in the near term. The next key support sits at $2,650 and $2,620.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,880<\/p>\n<p>Major Resistance Level \u2013 $3,000<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $2,880. ETH might gain bullish momentum if it manages to settle above the $3,000 resistance. Ethereum started a recovery wave above $2,850 and $2,880. The price is trading above $2,900 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":115738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-115737","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\/115737"}],"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=115737"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/115737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/115738"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}