
{"id":126574,"date":"2026-01-13T03:08:58","date_gmt":"2026-01-13T03:08:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126574"},"modified":"2026-01-13T03:08:58","modified_gmt":"2026-01-13T03:08:58","slug":"ethereum-price-pushes-toward-breakout-levels-bulls-smell-opportunity","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126574","title":{"rendered":"Ethereum Price Pushes Toward Breakout Levels, Bulls Smell Opportunity"},"content":{"rendered":"<p><em>Ethereum price failed to clear the $3,160 resistance and dipped again. ETH is now consolidating and might make another attempt to surpass $3,200.<\/em><\/p>\n<p>Ethereum started a downside correction below $3,180 and $3,150.<br \/>\nThe price is trading below $3,120 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bullish trend line forming with support at $3,085 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it stays above the $3,080 zone.<\/p>\n<h2>Ethereum Price Starts Consolidation<\/h2>\n<p>Ethereum price failed to surpass $3,150 and trimmed gains, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-bid-emerges\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below $3,120 and $3,120 to enter a short-term bearish zone.<\/p>\n<p>The last major swing low was formed at $3,050 before the price started a <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-builds-momentum-3120\/\" target=\"_blank\" rel=\"noopener\">consolidation phase<\/a>. There was a minor upward move above $3,130, and the 23.6% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low.<\/p>\n<p>However, the bears are active near $3,150 and $3,180. Ethereum price is now trading below $3,120 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3,085 on the hourly chart of ETH\/USD.<\/p>\n<p>If the bulls can protect more losses below $3,080, the price could attempt another increase. Immediate resistance is seen near the $3,120 level. The first key resistance is near the $3,180 level and the 50% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Ethereum_09407f.png\"><\/a><\/p>\n<p>The next major resistance is near the $3,200 level. A clear move above the $3,200 resistance might send the price toward the $3,265 resistance. An upside break above the $3,265 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,320 resistance zone or even $3,350 in the near term.<\/p>\n<h2>Downside Break In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,150 resistance, it could start a fresh decline. Initial support on the downside is near the $3,085 level and the trend line. The first major support sits near the $3,050 zone.<\/p>\n<p>A clear move below the $3,050 support might push the price toward the $3,000 support. Any more losses might send the price toward the $2,925 region.<\/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 $3,080<\/p>\n<p>Major Resistance Level \u2013 $3,150<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price failed to clear the $3,160 resistance and dipped again. ETH is now consolidating and might make another attempt to surpass $3,200. Ethereum started a downside correction below $3,180 and $3,150. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":126575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126574","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\/126574"}],"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=126574"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/126575"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}