{"id":132947,"date":"2026-02-06T03:08:06","date_gmt":"2026-02-06T03:08:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132947"},"modified":"2026-02-06T03:08:06","modified_gmt":"2026-02-06T03:08:06","slug":"ethereum-price-closes-sub-2000-support-as-crypto-rout-intensifies","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132947","title":{"rendered":"Ethereum Price Closes Sub-$2,000 Support As Crypto Rout Intensifies"},"content":{"rendered":"

Ethereum price extended its decline below $2,000 and $1,950. ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200.<\/em><\/p>\n

Ethereum failed to stay above $2,000 and started a fresh decline.
\nThe price is trading below $2,000 and the 100-hourly Simple Moving Average.
\nThere is a major bearish trend line forming with resistance at $2,200 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,200 zone.<\/p>\n

Ethereum Price Dips Over 15%<\/h2>\n

Ethereum price failed to remain stable above $2,200 and extended losses, like Bitcoin<\/a>. ETH price traded below $2,000 to enter a bearish zone.<\/p>\n

The bears even pushed the price below $1,880. A low was formed at $1,744 and the price is now attempting to recover. There was a move above $1,850. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,341 swing high to the $1,744 low.<\/p>\n

Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $1,800, the price could attempt another increase. Immediate resistance is seen near the $1,950 level. The first key resistance is near the $2,050 level and the 50% Fib retracement level of the downward move from the $2,341 swing high to the $1,744 low.<\/p>\n

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

The next major resistance is near the $2,200 level. There is also a major bearish trend line forming with resistance at $2,200 on the hourly chart of ETH\/USD. A clear move above the $2,200 resistance might send the price toward the $2,350 resistance. An upside break above the $2,350 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,665 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,050 resistance, it could start a fresh decline. Initial support on the downside is near the $1,850 level. The first major support sits near the $1,800 zone.<\/p>\n

A clear move below the $1,800 support might push the price toward the $1,750 support. Any more losses might send the price toward the $1,720 region. The main support could be $1,680.<\/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 $1,850<\/p>\n

Major Resistance Level \u2013 $2,200<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price extended its decline below $2,000 and $1,950. ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200. Ethereum failed to stay above $2,000 and started a fresh decline. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with […]<\/p>\n","protected":false},"author":0,"featured_media":132948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132947","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\/132947"}],"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=132947"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132948"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}