{"id":131864,"date":"2026-02-03T03:18:14","date_gmt":"2026-02-03T03:18:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131864"},"modified":"2026-02-03T03:18:14","modified_gmt":"2026-02-03T03:18:14","slug":"ethereum-price-struggles-at-resistance-opening-door-to-renewed-losses","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131864","title":{"rendered":"Ethereum Price Struggles At Resistance, Opening Door To Renewed Losses"},"content":{"rendered":"

Ethereum price extended its decline below $2,420 and $2,300. ETH is now attempting to recover from $2,150 but faces many hurdles near $2,365.<\/em><\/p>\n

Ethereum failed to stay above $2,350 and started a fresh decline.
\nThe price is trading below $2,350 and the 100-hourly Simple Moving Average.
\nThere is a major bearish trend line forming with resistance at $2,350 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,400 zone.<\/p>\n

Ethereum Price Eyes Another Decline<\/h2>\n

Ethereum price failed to remain stable above $2,500 and extended losses, like Bitcoin<\/a>. ETH price traded below $2,420 to enter a bearish zone.<\/p>\n

The bears even pushed the price below $2,200. A low was formed at $2,155 and the price is now attempting to recover. There was a move above $2,250. The price tested the 23.6% Fib retracement level of the recent decline from the $3,040 swing high to the $2,155 low.<\/p>\n

However, the bears are active near $2,365. There is also a major bearish trend line<\/a> forming with resistance at $2,350 on the hourly chart of ETH\/USD. Ethereum price is now trading below $2,350 and the 100-hourly Simple Moving Average.<\/p>\n

If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,350 level. The first key resistance is near the $2,365 level. The next major resistance is near the $2,450 level. A clear move above the $2,450 resistance might send the price toward the $2,600 resistance or the 50% Fib retracement level of the recent decline from the $3,040 swing high to the $2,155 low.<\/p>\n

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

An upside break above the $2,600 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,700 resistance zone or even $2,720 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,365 resistance, it could start a fresh decline. Initial support on the downside is near the $2,250 level. The first major support sits near the $2,220 zone.<\/p>\n

A clear move below the $2,220 support might push the price toward the $2,150 support. Any more losses might send the price toward the $2,120 region. The main support could be $2,000.<\/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 $2,220<\/p>\n

Major Resistance Level \u2013 $2,365<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price extended its decline below $2,420 and $2,300. ETH is now attempting to recover from $2,150 but faces many hurdles near $2,365. Ethereum failed to stay above $2,350 and started a fresh decline. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":131865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131864","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\/131864"}],"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=131864"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131865"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}