{"id":137235,"date":"2026-02-23T03:18:11","date_gmt":"2026-02-23T03:18:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=137235"},"modified":"2026-02-23T03:18:11","modified_gmt":"2026-02-23T03:18:11","slug":"ethereum-price-crashes-6-downtrend-signals-strengthen-sharply","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=137235","title":{"rendered":"Ethereum Price Crashes 6%, Downtrend Signals Strengthen Sharply"},"content":{"rendered":"

Ethereum price started a fresh decline below $1,900. ETH is now consolidating losses and might struggle to recover above $1,920 or $1,950.<\/em><\/p>\n

Ethereum failed to stay above $1,950 and started a fresh decline.
\nThe price is trading below $1,920 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $1,950 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $1,920 zone.<\/p>\n

Ethereum Price Dips Sharply<\/h2>\n

Ethereum price failed to stay above $1,920 and started a fresh decline, like Bitcoin<\/a>. ETH price traded below the $1,900 and $1,880 levels to enter a bearish zone.<\/p>\n

Finally, the bulls appeared near $1,850. A low was formed at $1,845, and the price started a minor recovery wave. There was a move above the $1,865 level, but the price is still well below the 23.6% Fib retracement level of the downward move from the $1,994 swing high to the $1,845 low.<\/p>\n

Ethereum price is now trading below $1,900 and the 100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $1,850, the price could attempt another increase. Immediate resistance is seen near the $1,880 level.<\/p>\n

The first key resistance is near the $1,920 level and the 50% Fib retracement level of the downward move from the $1,994 swing high to the $1,845 low. The next major resistance is near the $1,950 level. There is also a bearish trend line forming with resistance at $1,950 on the hourly chart of ETH\/USD.<\/p>\n

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

A clear move above the $1,950 resistance might send the price toward the $2,000 resistance. An upside break above the $2,000 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,050 resistance zone or even $2,120 in the near term.<\/p>\n

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

If Ethereum fails to clear the $1,920 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 $1,825 zone.<\/p>\n

A clear move below the $1,825 support might push the price toward the $1,780 support. Any more losses might send the price toward the $1,740 region. The main support could be $1,720.<\/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 $1,920<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline below $1,900. ETH is now consolidating losses and might struggle to recover above $1,920 or $1,950. Ethereum failed to stay above $1,950 and started a fresh decline. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at […]<\/p>\n","protected":false},"author":0,"featured_media":137236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137235","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\/137235"}],"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=137235"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137236"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}