
{"id":118854,"date":"2025-12-09T03:18:55","date_gmt":"2025-12-09T03:18:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118854"},"modified":"2025-12-09T03:18:55","modified_gmt":"2025-12-09T03:18:55","slug":"ethereum-price-cooling-off-healthy-consolidation-or-momentum-fading","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118854","title":{"rendered":"Ethereum Price Cooling Off: Healthy Consolidation or Momentum Fading?"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase above $3,05<\/em><em>0. ETH is now consolidating gains and might aim for more gains if it clears the $3,180 resistance.<\/em><\/p>\n<p>Ethereum started a fresh increase above the $3,020 and $3,050 levels.<br \/>\nThe price is trading above $3,075 and the 100-hourly Simple Moving Average.<br \/>\nThere is a short-term contracting triangle forming with resistance at $3,150 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it settles above the $3,180 zone.<\/p>\n<h2>Ethereum Price Faces Resistance<\/h2>\n<p>Ethereum price managed to stay above $2,950 and started a fresh increase, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-aims-higher-92k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price gained strength for a move above the $3,020 and $3,050 resistance levels.<\/p>\n<p>However, the bears were active below $3,200. A high was formed at $3,179 and the price is now <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-targets-upside-92k\/\" target=\"_blank\" rel=\"noopener\">consolidating<\/a>. There was a minor drop below the 23.6% Fib retracement level of the upward wave from the $2,914 swing low to the $3,179 low.<\/p>\n<p>Ethereum price is now trading above $3,075 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $3,150 level. There is also a short-term contracting triangle forming with resistance at $3,150 on the hourly chart of ETH\/USD.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Ethereum_df87fd.png\"><\/a><\/p>\n<p>The next key resistance is near the $3,180 level. The first major resistance is near the $3,220 level. A clear move above the $3,220 resistance might send the price toward the $3,350 resistance. An upside break above the $3,350 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.<\/p>\n<h2>Downside Break In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,180 resistance, it could start a fresh decline. Initial support on the downside is near the $3,080 level. The first major support sits near the $3,015 zone and the 61.8% Fib retracement level of the upward wave from the $2,914 swing low to the $3,179 low.<\/p>\n<p>A clear move below the $3,015 support might push the price toward the $2,975 support. Any more losses might send the price toward the $2,920 region. The next key support sits at $2,840 and $2,820.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,015<\/p>\n<p>Major Resistance Level \u2013 $3,180<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase above $3,050. ETH is now consolidating gains and might aim for more gains if it clears the $3,180 resistance. Ethereum started a fresh increase above the $3,020 and $3,050 levels. The price is trading above $3,075 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":118855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118854","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\/118854"}],"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=118854"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118855"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}