{"id":121007,"date":"2025-12-17T03:18:11","date_gmt":"2025-12-17T03:18:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=121007"},"modified":"2025-12-17T03:18:11","modified_gmt":"2025-12-17T03:18:11","slug":"ethereum-price-ranges-under-3k-is-direction-about-to-change","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=121007","title":{"rendered":"Ethereum Price Ranges Under $3K\u2014Is Direction About to Change?"},"content":{"rendered":"

Ethereum price started a fresh decline below $3,00<\/em>0. ETH is now consolidating and might soon aim to start a recovery wave if it clears $3,025.<\/em><\/p>\n

Ethereum started a fresh decline below the $3,050 zone.
\nThe price is trading below $3,000 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $3,110 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move down if it settles below the $2,900 zone.<\/p>\n

Ethereum Price Starts Consolidation<\/h2>\n

Ethereum price failed to stay above $3,050 and started a fresh decline, like Bitcoin<\/a>. ETH price dipped below $3,020 and $3,000 to enter a bearish zone.<\/p>\n

The bears even pushed the price below $2,920. A low was formed at $2,875 and the price is now consolidating losses. There was a minor recovery toward the 23.6% Fib retracement level of the downward move from the $3,175 swing high to the $2,875 low.<\/p>\n

Ethereum price is now trading below $3,000 and the 100-hourly Simple Moving Average<\/a>. Besides, there is a connecting bearish trend line forming with resistance at $3,110 on the hourly chart of ETH\/USD.<\/p>\n

If there is another upward move, the price could face resistance near the $2,975 level. The next key resistance is near the $3,025 level and the 50% Fib retracement level of the downward move from the $3,175 swing high to the $2,875 low. The first major resistance is near the $3,050 level.<\/p>\n

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

A clear move above the $3,050 resistance might send the price toward the $3,110 resistance and the trend line. An upside break above the $3,110 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,250 in the near term.<\/p>\n

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

If Ethereum fails to clear the $3,025 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 $2,900 zone.<\/p>\n

A clear move below the $2,900 support might push the price toward the $2,840 support. Any more losses might send the price toward the $2,800 region. The next key support sits at $2,765.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Level \u2013 $2,920<\/p>\n

Major Resistance Level \u2013 $3,025<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave if it clears $3,025. Ethereum started a fresh decline below the $3,050 zone. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":121008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121007","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\/121007"}],"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=121007"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121008"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}