{"id":130474,"date":"2026-01-28T03:18:29","date_gmt":"2026-01-28T03:18:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=130474"},"modified":"2026-01-28T03:18:29","modified_gmt":"2026-01-28T03:18:29","slug":"ethereum-price-breaks-back-to-3k-as-traders-question-follow-through","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=130474","title":{"rendered":"Ethereum Price Breaks Back To $3K As Traders Question Follow-Through"},"content":{"rendered":"

Ethereum price started a recovery wave from the $2,800 zone. ETH is now trading near $3,000 and might aim for more gains if it clears $3,050.<\/em><\/p>\n

Ethereum managed to stay above $2,850 and started a recovery wave.
\nThe price is trading above $2,950 and the 100-hourly Simple Moving Average.
\nThere is a bullish trend line forming with support at $2,970 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it stays above the $2,880 zone.<\/p>\n

Ethereum Price Starts Recovery<\/h2>\n

Ethereum price managed to remain stable above $2,850 and started a recovery wave, like Bitcoin<\/a>. ETH price was able to clear the $2,900 and $2,920 resistance levels.<\/p>\n

The price cleared the 61.8% Fib retracement level of the downward wave from the $3,065 swing high to the $2,784 swing low. The price even surpassed the $3,000 level. A high was formed at $3,030 and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $2,784 swing low to the $3,030 high.<\/p>\n

Ethereum price is now trading above $2,980 and the 100-hourly Simple Moving Average<\/a>. Besides, there is a bullish trend line forming with support at $2,970 on the hourly chart of ETH\/USD.<\/p>\n

If the bulls remain in action above $2,970, the price could attempt another increase. Immediate resistance is seen near the $3,030 level. The first key resistance is near the $3,050 level. The next major resistance is near the $3,065 level.<\/p>\n

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

A clear move above the $3,065 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,180 resistance zone or even $3,200 in the near term.<\/p>\n

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

If Ethereum fails to clear the $3,050 resistance, it could start a fresh decline. Initial support on the downside is near the $2,970 level. The first major support sits near the $2,950 zone.<\/p>\n

A clear move below the $2,950 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,825 region. The main support could be $2,780.<\/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 above the 50 zone.<\/p>\n

Major Support Level \u2013 $2,950<\/p>\n

Major Resistance Level \u2013 $3,050<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave from the $2,800 zone. ETH is now trading near $3,000 and might aim for more gains if it clears $3,050. Ethereum managed to stay above $2,850 and started a recovery wave. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There is a bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":130475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130474","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\/130474"}],"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=130474"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/130475"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}