{"id":127548,"date":"2026-01-16T03:18:38","date_gmt":"2026-01-16T03:18:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=127548"},"modified":"2026-01-16T03:18:38","modified_gmt":"2026-01-16T03:18:38","slug":"ethereum-price-finds-balance-at-support-but-the-next-move-matters","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=127548","title":{"rendered":"Ethereum Price Finds Balance at Support\u2014But the Next Move Matters"},"content":{"rendered":"

Ethereum price started a major increase above the $3,350 resistance. ETH is now consolidating gains and holding the key support at $3,280.<\/em><\/p>\n

Ethereum started a downside correction after a major rally to $3,400.
\nThe price is trading above $3,280 and the 100-hourly Simple Moving Average.
\nThere is a bullish trend line forming with support at $3,280 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it stays above the $3,280 zone.<\/p>\n

Ethereum Price Hits Support<\/h2>\n

Ethereum price remained stable above $3,300 and started a fresh increase, like Bitcoin<\/a>. ETH price rallied above the $3,320 and $3,350 resistance levels.<\/p>\n

A high was formed at $3,402, and the price recently started a downside correction<\/a>. There was a move below $3,320. The price dipped below the 23.6% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high.<\/p>\n

Ethereum price is now trading above $3,280 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,280 on the hourly chart of ETH\/USD.<\/p>\n

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

If the bulls can protect more losses below $3,280, the price could attempt another increase. Immediate resistance is seen near the $3,320 level. The first key resistance is near the $3,350 level. The next major resistance is near the $3,385 level. A clear move above the $3,385 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,550 in the near term.<\/p>\n

Downside Break In ETH?<\/h2>\n

If Ethereum fails to clear the $3,320 resistance, it could start a fresh decline. Initial support on the downside is near the $3,280 level and the trend line. The first major support sits near the $3,260 zone and the 100 hourly SMA.<\/p>\n

A clear move below the $3,260 support might push the price toward the $3,220 support and the 50% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. Any more losses might send the price toward the $3,150 region.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Level \u2013 $3,280<\/p>\n

Major Resistance Level \u2013 $3,385<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a major increase above the $3,350 resistance. ETH is now consolidating gains and holding the key support at $3,280. Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,280 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at […]<\/p>\n","protected":false},"author":0,"featured_media":127549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127548","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\/127548"}],"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=127548"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127549"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}