{"id":120679,"date":"2025-12-16T00:00:19","date_gmt":"2025-12-16T00:00:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=120679"},"modified":"2025-12-16T00:00:19","modified_gmt":"2025-12-16T00:00:19","slug":"ethereum-consolidates-after-the-selloff-but-resistance-still-holds-strong","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=120679","title":{"rendered":"Ethereum Consolidates After The Selloff, But Resistance Still Holds Strong"},"content":{"rendered":"

Ethereum (ETH) is currently consolidating in a tight range following its recent selloff, demonstrating resilience by holding above key support zones. However, the price remains firmly capped by a descending trendline and structural resistance around the $3,400 level. While buyers defend the vital $2,905 low, the trend<\/a> remains sideways until ETH can achieve a decisive close above the descending resistance to initiate the next major rally.<\/p>\n

ETH Attempts To Stabilize After The Selloff<\/h2>\n

According to a daily update<\/a> from CyrilXBT, Ethereum is attempting to form a base following its recent selloff, but the price remains capped below the 50-day EMA around $3,281. This level continues to act as a key barrier, keeping ETH from confirming a stronger recovery<\/a> for now.<\/p>\n

At the time of the update, ETH was trading near $3,131. On the downside, initial support sits around $3,050, while a broader demand zone between $2,750 and $2,900 remains the more significant area where buyers<\/a> are expected to step in if selling pressure returns. On the upside, resistance is concentrated between $3,280 and $3,300, aligning closely with the 50-day EMA, which represents a clear \u201cprove-it\u201d level.<\/p>\n

Looking ahead, a clean break and sustained hold above $3,300 could open the door for a move back toward the $3,500 area and beyond. However, failure to reclaim this resistance<\/a> would likely lead to choppy price action, with a possible retest of the $3,000 level and even a revisit of the $2,800 zone.<\/p>\n

Ethereum Trades Below Descending Trendline Resistance<\/h2>\n

Crypto analyst Kamile Uray revealed<\/a> that ETH is currently confined, moving persistently under a blue descending trendline. This trendline is acting as a significant diagonal resistance barrier, limiting the extent of ETH\u2019s bullish<\/a> bounces and keeping the short-term pressure tilted downward.<\/p>\n

Despite this overhead resistance, the analyst identified a critical support<\/a> structure. Uray noted that the possibility of the upward movement continuing remains valid as long as the price stays above the rising black trendline and above the low established at $2,905. This confluence of support is crucial for maintaining the market\u2019s current bullish bias.<\/p>\n

If the blue descending trendline resistance is decisively broken, the subsequent rally is expected to target a series of higher resistance levels: $3,661, then $3,878, and finally $4,292. Kamile Uray synthesized the condition for the breakout, stating that the descending trendline will approximately be broken if ETH manages to achieve a daily close above the $3,400 level. Meanwhile, the key condition for expecting a continued upward movement is a close above $3,400 combined with the price successfully avoiding a close below the critical $2,905 low.<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) is currently consolidating in a tight range following its recent selloff, demonstrating resilience by holding above key support zones. However, the price remains firmly capped by a descending trendline and structural resistance around the $3,400 level. While buyers defend the vital $2,905 low, the trend remains sideways until ETH can achieve a decisive […]<\/p>\n","protected":false},"author":0,"featured_media":120680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-120679","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\/120679"}],"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=120679"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120680"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}