
{"id":128668,"date":"2026-01-21T03:18:53","date_gmt":"2026-01-21T03:18:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128668"},"modified":"2026-01-21T03:18:53","modified_gmt":"2026-01-21T03:18:53","slug":"ethereum-price-breaks-under-3k-charts-flash-fresh-warnings","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128668","title":{"rendered":"Ethereum Price Breaks Under $3K, Charts Flash Fresh Warnings"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline from the $3,200 resistance. ETH is now consolidating losses and is at risk of more losses below $2,880.<\/em><\/p>\n<p>Ethereum started a sharp downside correction below $3,000.<br \/>\nThe price is trading below $3,000 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bearish trend line forming with resistance at $3,020 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start a fresh increase if it stays above the $2,880 zone.<\/p>\n<h2>Ethereum Price Dips Over 5%<\/h2>\n<p>Ethereum price failed to remain stable above $3,200 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-action-turns-red-93k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below $3,150 and $3,120 to enter a bearish zone.<\/p>\n<p>The bears even pushed the price below $3,000. The price finally tested $2,910 and is currently consolidating <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-trapped-under-3250\/\" target=\"_blank\" rel=\"noopener\">losses<\/a> below the 23.6% Fib retracement level of the recent downward move from the $3,367 swing high to the $2,910 swing low. There is also a key bearish trend line forming with resistance at $3,020 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $3,000 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,880, the price could attempt another increase.<\/p>\n<p>Immediate resistance is seen near the $3,020 level. The first key resistance is near the $3,080 level. The next major resistance is near the $3,120 level. A clear move above the $3,120 resistance might send the price toward the $3,150 resistance or the 50% Fib retracement level of the recent downward move from the $3,367 swing high to the $2,910 swing low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Ethereum_04d0f4.png\"><\/a><\/p>\n<p>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 $3,300 in the near term.<\/p>\n<h2>Downside Continuation In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,020 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 $2,880 zone.<\/p>\n<p>A clear move below the $2,880 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,750 region. The main support could be $2,650.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish 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 $2,880<\/p>\n<p>Major Resistance Level \u2013 $3,020<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline from the $3,200 resistance. ETH is now consolidating losses and is at risk of more losses below $2,880. Ethereum started a sharp downside correction below $3,000. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":128669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128668","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\/128668"}],"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=128668"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128669"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}