
{"id":134218,"date":"2026-02-11T03:18:40","date_gmt":"2026-02-11T03:18:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=134218"},"modified":"2026-02-11T03:18:40","modified_gmt":"2026-02-11T03:18:40","slug":"ethereum-price-slips-into-danger-zone-as-breakdown-threat-grows","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=134218","title":{"rendered":"Ethereum Price Slips Into Danger Zone As Breakdown Threat Grows"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above $2,000. ETH is now consolidating and remain at risk of another decline below $1,980.<\/em><\/p>\n<p>Ethereum struggled to extend gains above $2,120 and corrected lower.<br \/>\nThe price is trading below $2,050 and the 100-hourly Simple Moving Average.<br \/>\nThere is a contracting triangle forming with resistance at $2,040 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start a fresh decline if it stays below the $2,120 zone.<\/p>\n<h2>Ethereum Price Dips Again<\/h2>\n<p>Ethereum price managed to form a base above $1,950 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-hovers-around-70k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price traded above the $1,980 and $2,020 resistance levels.<\/p>\n<p>The pair even spiked above $2,140. A high was formed at $2,168, and the price is now moving lower. There was a drop below $2,050. The price tested the 38.2% Fib retracement level of the upward move from the $1,745 swing low to the $2,168 high.<\/p>\n<p>Ethereum price is now trading below $2,050 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-locked-below-2150\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $2,000, the price could attempt another increase. Immediate resistance is seen near the $2,050 level. There is also a contracting triangle forming with resistance at $2,040 on the hourly chart of ETH\/USD.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Ethereum_3256c5.png\"><\/a><\/p>\n<p>The first key resistance is near the $2,065 level. The next major resistance is near the $2,120 level. A clear move above the $2,120 resistance might send the price toward the $2,165 resistance. An upside break above the $2,165 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,280 in the near term.<\/p>\n<h2>Another Drop In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,065 resistance, it could start a fresh decline. Initial support on the downside is near the $2,000 level. The first major support sits near the $1,950 zone or the 50% Fib retracement level of the upward move from the $1,745 swing low to the $2,168 high.<\/p>\n<p>A clear move below the $1,950 support might push the price toward the $1,900 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,820.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,000<\/p>\n<p>Major Resistance Level \u2013 $2,065<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $2,000. ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":134219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-134218","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\/134218"}],"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=134218"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/134219"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}