
{"id":143524,"date":"2026-03-20T03:28:39","date_gmt":"2026-03-20T03:28:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=143524"},"modified":"2026-03-20T03:28:39","modified_gmt":"2026-03-20T03:28:39","slug":"ethereum-price-drops-to-2100-shaking-confidence-amid-volatility","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=143524","title":{"rendered":"Ethereum Price Drops to $2,100, Shaking Confidence Amid Volatility"},"content":{"rendered":"<p><em>Ethereum price started a sharp decline from the $2,385 zone. ETH is now consolidating above $2,100 and might aim for a recovery wave if it climbs above $2,200.<\/em><\/p>\n<p>Ethereum started a sharp decline below the $2,320 zone.<br \/>\nThe price is trading below $2,250 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break below a major bullish trend line with support at $2,160 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it clears the $2,200 zone.<\/p>\n<h2>Ethereum Price Takes Hit<\/h2>\n<p>Ethereum price failed to stay above $2,320 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-cools-off-70k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below $2,250 and $2,200 to enter a short-term bearish zone.<\/p>\n<p>There was a break below a major bullish trend line with support at $2,160 on the hourly chart of ETH\/USD. The pair even spiked below $2,120. A low was formed at $2,100, and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $2,385 swing high to the $2,100 low.<\/p>\n<p>Ethereum price is now trading below $2,200 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-upside-heats-up-2380\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $2,100, the price could attempt another increase. Immediate resistance is seen near the $2,165 level.<\/p>\n<p>The first key resistance is near the $2,200 level and the 100-hourly Simple Moving Average. The next major resistance is near the $2,240 level or the 50% Fib retracement level of the recent decline from the $2,385 swing high to the $2,100 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_fda8a1.png\"><\/a><\/p>\n<p>A clear move above the $2,240 resistance might send the price toward the $2,275 resistance. An upside break above the $2,275 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,320 resistance zone or even $2,385 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,200 resistance, it could start a fresh decline. Initial support on the downside is near the $2,120 level. The first major support sits near the $2,100 zone.<\/p>\n<p>A clear move below the $2,100 support might push the price toward the $2,060 support. Any more losses might send the price toward the $2,020 region. The main support could be $2,000.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing 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 $2,120<\/p>\n<p>Major Resistance Level \u2013 $2,200<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a sharp decline from the $2,385 zone. ETH is now consolidating above $2,100 and might aim for a recovery wave if it climbs above $2,200. Ethereum started a sharp decline below the $2,320 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There was a break below a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":143525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-143524","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\/143524"}],"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=143524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/143524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/143525"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=143524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=143524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=143524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}