{"id":130784,"date":"2026-01-29T03:18:56","date_gmt":"2026-01-29T03:18:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=130784"},"modified":"2026-01-29T03:18:56","modified_gmt":"2026-01-29T03:18:56","slug":"ethereum-price-slips-below-3000-setting-up-a-support-battle","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=130784","title":{"rendered":"Ethereum Price Slips Below $3,000, Setting Up A Support Battle"},"content":{"rendered":"

Ethereum price started a recovery wave above the $2,880 zone but it failed near $3,050. ETH is declining and might struggle to stay above $2,920.<\/em><\/p>\n

Ethereum failed to stay above $3,000 and started a fresh decline.
\nThe price is trading below $2,990 and the 100-hourly Simple Moving Average.
\nThere was a break below a bullish trend line with support at $3,000 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 Dips Again<\/h2>\n

Ethereum price managed to remain stable above $2,880 and started a recovery wave, like Bitcoin<\/a>. ETH price was able to clear the $2,920 and $2,950 resistance levels.<\/p>\n

The bulls even pumped the price above $3,000. However, the bears remained active near $3,050<\/a>. A high was formed at $3,040 and the price started another decline. There was a move below the 23.6% Fib retracement level of the recent upward move from the $2,784 swing low to the $3,040 high.<\/p>\n

Besides, there was a break below a bullish trend line with support at $3,000 on the hourly chart of ETH\/USD. Ethereum price is now trading below $2,980 and the 100-hourly Simple Moving Average.<\/p>\n

If the bulls remain in action above $2,920, the price could attempt another increase. Immediate resistance is seen near the $2,980 level. The first key resistance is near the $3,000 level. The next major resistance is near the $3,050 level.<\/p>\n

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

A clear move above the $3,050 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

More Losses In ETH?<\/h2>\n

If Ethereum fails to clear the $3,000 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 or the 61.8% Fib retracement level of the recent upward move from the $2,784 swing low to the $3,040 high.<\/p>\n

A clear move below the $2,880 support might push the price toward the $2,820 support. Any more losses might send the price toward the $2,780 region. The main support could be $2,740.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Level \u2013 $2,880<\/p>\n

Major Resistance Level \u2013 $3,000<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave above the $2,880 zone but it failed near $3,050. ETH is declining and might struggle to stay above $2,920. Ethereum failed to stay above $3,000 and started a fresh decline. The price is trading below $2,990 and the 100-hourly Simple Moving Average. There was a break below a bullish […]<\/p>\n","protected":false},"author":0,"featured_media":130785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130784","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\/130784"}],"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=130784"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/130785"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}