
{"id":135803,"date":"2026-02-17T03:18:33","date_gmt":"2026-02-17T03:18:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=135803"},"modified":"2026-02-17T03:18:33","modified_gmt":"2026-02-17T03:18:33","slug":"ethereum-price-near-technical-flashpoint-with-big-move-brewing","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=135803","title":{"rendered":"Ethereum Price Near Technical Flashpoint With Big Move Brewing"},"content":{"rendered":"<p><em>Ethereum price found support near $1,928 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020.<\/em><\/p>\n<p>Ethereum is attempting a fresh recovery wave above $1,950.<br \/>\nThe price is trading below $2,020 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bullish trend line forming with support at $1,950 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start a fresh decline if it stays below the $2,020 zone.<\/p>\n<h2>Ethereum Price Faces Resistance<\/h2>\n<p>Ethereum price failed to stay above $2,000 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-faces-another-rejection-71k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price traded below the $1,950 and $1,940 levels to enter a bearish zone.<\/p>\n<p>Finally, the bulls appeared near $1,925. A low was formed at $1,928, and the price started a recovery wave. There was a move above the $1,950 resistance. The price even spiked above the 38.2% Fib retracement level of the downward move from the $2,101 swing high to the $1,928 low.<\/p>\n<p>Ethereum price is now trading below $2,020 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-reverses-under-2000\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $1,950, the price could attempt another increase. Immediate resistance is seen near the $2,020 level or the 50% Fib retracement level of the downward move from the $2,101 swing high to the $1,928 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Ethereum_93924d.png\"><\/a><\/p>\n<p>The first key resistance is near the $2,035 level. The next major resistance is near the $2,060 level. A clear move above the $2,060 resistance might send the price toward the $2,120 resistance. An upside break above the $2,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,150 resistance zone or even $2,185 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,020 resistance, it could start a fresh decline. Initial support on the downside is near the $1,970 level. The first major support sits near the $1,940 zone or the trend line.<\/p>\n<p>A clear move below the $1,940 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,820 region. The main support could be $1,780.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $1,940<\/p>\n<p>Major Resistance Level \u2013 $2,020<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price found support near $1,928 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020. Ethereum is attempting a fresh recovery wave above $1,950. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1,950 on the hourly [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":135804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135803","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\/135803"}],"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=135803"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135804"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}