{"id":141203,"date":"2026-03-11T03:18:17","date_gmt":"2026-03-11T03:18:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=141203"},"modified":"2026-03-11T03:18:17","modified_gmt":"2026-03-11T03:18:17","slug":"ethereum-price-rejected-again-market-watches-key-support-closely","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=141203","title":{"rendered":"Ethereum Price Rejected Again, Market Watches Key Support Closely"},"content":{"rendered":"

Ethereum price started a recovery wave above the $2,000 zone. ETH is now struggling to clear $2,090 and remains at risk of another decline in the near term.<\/em><\/p>\n

Ethereum started a recovery wave above the $2,000 zone.
\nThe price is trading above $2,000 and the 100-hourly Simple Moving Average.
\nThere is an expanding triangle forming with support at $2,020 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,090 zone.<\/p>\n

Ethereum Price Trims Some Gains<\/h2>\n

Ethereum price extended its recovery wave<\/a> after it cleared the $1,950 zone, like Bitcoin<\/a>. ETH price was able to clear the $2,020 resistance zone.<\/p>\n

The bulls pushed the price above the 50% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low. However, they struggled to clear the $2,090 resistance level. The price is now trimming some gains and trading below $2,050.<\/p>\n

Ethereum price is now trading above $2,020 and the 100-hourly Simple Moving Average. There is also an expanding triangle forming with support at $2,020 on the hourly chart of ETH\/USD.<\/p>\n

If the bulls remain in action above $2,020, the price could attempt another increase. Immediate resistance is seen near the $2,050 level. The first key resistance is near the $2,090 level or the 61.8% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low.<\/p>\n

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

The next major resistance is near the $2,150 level. A clear move above the $2,150 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,265 resistance zone or even $2,320 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 $2,020 level. The first major support sits near the $1,990 zone.<\/p>\n

A clear move below the $1,990 support might push the price toward the $1,925 support. Any more losses might send the price toward the $1,880 region. The main support could be $1,840.<\/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 $1,990<\/p>\n

Major Resistance Level \u2013 $2,090<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave above the $2,000 zone. ETH is now struggling to clear $2,090 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is an expanding triangle forming […]<\/p>\n","protected":false},"author":0,"featured_media":141204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-141203","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\/141203"}],"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=141203"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/141203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/141204"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=141203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=141203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=141203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}