
{"id":122137,"date":"2025-12-22T03:18:52","date_gmt":"2025-12-22T03:18:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=122137"},"modified":"2025-12-22T03:18:52","modified_gmt":"2025-12-22T03:18:52","slug":"ethereum-price-seeks-additional-gains-as-bulls-try-to-regain-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=122137","title":{"rendered":"Ethereum Price Seeks Additional Gains as Bulls Try to Regain Momentum"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above $2,95<\/em><em>0. ETH is now consolidating and might soon attempt another recovery wave if it clears $3,050.<\/em><\/p>\n<p>Ethereum started a decent upward move above the $2,950 zone.<br \/>\nThe price is trading above $2,950 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break above a bearish trend line with resistance at $2,920 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it settles above the $3,050 zone.<\/p>\n<h2>Ethereum Price Eyes More Gains<\/h2>\n<p>Ethereum price started a decent increase from $2,775, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-resistance-89k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price was able to surpass the $2,850 and $2,880 resistance levels to enter a positive zone.<\/p>\n<p>The bulls pushed the price above the 50% Fib retracement level of the downward move from the $3,175 swing high to the $2,775 low. Moreover, there was a break above a bearish trend line with resistance at $2,920 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $2,950 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-sinks-again-2800\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If there is another upward move, the price could face resistance near the $3,020 level and the 61.8% Fib retracement level of the downward move from the $3,175 swing high to the $2,775 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Ethereum_cbd1d2.png\"><\/a><\/p>\n<p>The next key resistance is near the $3,050 level. The first major resistance is near the $3,080 level. A clear move above the $3,080 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 $3,050 resistance, it could start a fresh decline. Initial support on the downside is near the $2,950 level. The first major support sits near the $2,915 zone.<\/p>\n<p>A clear move below the $2,915 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,840 region. The next key support sits at $2,800.<\/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 above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,915<\/p>\n<p>Major Resistance Level \u2013 $3,050<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $2,950. ETH is now consolidating and might soon attempt another recovery wave if it clears $3,050. Ethereum started a decent upward move above the $2,950 zone. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":122138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-122137","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\/122137"}],"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=122137"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/122138"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}