{"id":132578,"date":"2026-02-05T03:18:14","date_gmt":"2026-02-05T03:18:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132578"},"modified":"2026-02-05T03:18:14","modified_gmt":"2026-02-05T03:18:14","slug":"ethereum-price-hangs-at-2100-downside-thrust-toward-2000-looms-large","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132578","title":{"rendered":"Ethereum Price Hangs At $2,100, Downside Thrust Toward $2,000 Looms Large"},"content":{"rendered":"

Ethereum price extended its decline below $2,200 and $2,120. ETH is now attempting to recover from $2,075 but faces many hurdles near $2,220.<\/em><\/p>\n

Ethereum failed to stay above $2,250 and started a fresh decline.
\nThe price is trading below $2,200 and the 100-hourly Simple Moving Average.
\nThere is a major bearish trend line forming with resistance at $2,255 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,320 zone.<\/p>\n

Ethereum Price Dips Further<\/h2>\n

Ethereum price failed to remain stable above $2,250 and extended losses, like Bitcoin<\/a>. ETH price traded below $2,200 to enter a bearish zone.<\/p>\n

The bears even pushed the price below $2,120. A low was formed at $2,073 and the price is now attempting to recover. There was a move above $2,120, but the price stayed well below the 23.6% Fib retracement level of the downward move from the $3,040 swing high to the $2,073 low.<\/p>\n

Ethereum price is now trading below $2,200 and the 100-hourly Simple Moving Average<\/a>. There is also a major bearish trend line forming with resistance at $2,255 on the hourly chart of ETH\/USD.<\/p>\n

If the bulls remain in action above $2,100, the price could attempt another increase. Immediate resistance is seen near the $2,200 level. The first key resistance is near the $2,250 level and the trend line. The next major resistance is near the $2,390 level.<\/p>\n

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

A clear move above the $2,390 resistance might send the price toward the $2,550 resistance or the 50% Fib retracement level of the downward move from the $3,040 swing high to the $2,073 low. An upside break above the $2,550 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,650 resistance zone or even $2,665 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,250 resistance, it could start a fresh decline. Initial support on the downside is near the $2,100 level. The first major support sits near the $2,075 zone.<\/p>\n

A clear move below the $2,075 support might push the price toward the $2,050 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,880.<\/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 $2,075<\/p>\n

Major Resistance Level \u2013 $2,250<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price extended its decline below $2,200 and $2,120. ETH is now attempting to recover from $2,075 but faces many hurdles near $2,220. Ethereum failed to stay above $2,250 and started a fresh decline. The price is trading below $2,200 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":132579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132578","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\/132578"}],"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=132578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132579"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}