{"id":121343,"date":"2025-12-18T03:18:21","date_gmt":"2025-12-18T03:18:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=121343"},"modified":"2025-12-18T03:18:21","modified_gmt":"2025-12-18T03:18:21","slug":"ethereum-price-continues-to-slide-where-is-the-next-support","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=121343","title":{"rendered":"Ethereum Price Continues to Slide\u2014Where Is the Next Support?"},"content":{"rendered":"

Ethereum price failed to stay above $3,00<\/em>0 and declined further. ETH is now consolidating and might soon aim to start a recovery wave if it clears $2,880.<\/em><\/p>\n

Ethereum started a fresh decline below the $2,950 zone.
\nThe price is trading below $2,900 and the 100-hourly Simple Moving Average.
\nThere is a connecting bearish trend line forming with resistance at $2,920 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move down if it settles below the $2,800 zone.<\/p>\n

Ethereum Price Dips To New Weekly Lows<\/h2>\n

Ethereum price attempted a fresh increase but struggled above $3,000, like Bitcoin<\/a>. ETH price dipped below $2,950 and $2,920 to enter a bearish zone.<\/p>\n

The bears even pushed the price below $2,850. A low was formed at $2,790 and the price is now consolidating losses<\/a> well below the 23.6% Fib retracement level of the downward move from the $3,175 swing high to the $2,790 low.<\/p>\n

Ethereum price is now trading below $2,900 and the 100-hourly Simple Moving Average. Besides, there is a connecting bearish trend line forming with resistance at $2,920 on the hourly chart of ETH\/USD.<\/p>\n

If there is another upward move, the price could face resistance near the $2,880 level. The next key resistance is near the $2,920 level and trend line. The first major resistance is near the $2,980 level and the 50% Fib retracement level of the downward move from the $3,175 swing high to the $2,790 low.<\/p>\n

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

A clear move above the $2,980 resistance might send the price toward the $3,030 resistance. An upside break above the $3,030 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,120 resistance zone or even $3,150 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,880 resistance, it could start a fresh decline. Initial support on the downside is near the $2,800 level. The first major support sits near the $2,780 zone.<\/p>\n

A clear move below the $2,780 support might push the price toward the $2,740 support. Any more losses might send the price toward the $2,625 region. The next key support sits at $2,550.<\/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 $2,780<\/p>\n

Major Resistance Level \u2013 $2,920<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price failed to stay above $3,000 and declined further. ETH is now consolidating and might soon aim to start a recovery wave if it clears $2,880. Ethereum started a fresh decline below the $2,950 zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":121344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121343","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\/121343"}],"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=121343"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121344"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}