{"id":144221,"date":"2026-03-24T03:28:31","date_gmt":"2026-03-24T03:28:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=144221"},"modified":"2026-03-24T03:28:31","modified_gmt":"2026-03-24T03:28:31","slug":"ethereum-price-rally-meets-resistance-bears-eye-renewed-downside-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=144221","title":{"rendered":"Ethereum Price Rally Meets Resistance, Bears Eye Renewed Downside Move"},"content":{"rendered":"

Ethereum price started a recovery wave from the $2,025 zone. ETH is now consolidating above $2,120 and might struggle to clear the $2,200 resistance.<\/em><\/p>\n

Ethereum started a recovery wave above the $2,120 zone.
\nThe price is trading above $2,120 and the 100-hourly Simple Moving Average.
\nThere is still a key bearish trend line active with resistance at $2,165 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,165 resistance.<\/p>\n

Ethereum Price Faces Resistance<\/h2>\n

Ethereum price managed to stay above $2,000 and started a recovery wave, like Bitcoin<\/a>. ETH price was able to climb above the $2,080 and $2,120 resistance levels.<\/p>\n

The price cleared the 38.2% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. More importantly, there was a break above one of the two bearish trend lines with resistance at $2,120 on the hourly chart of ETH\/USD.<\/p>\n

Ethereum price is now trading above $2,100 and the 100-hourly Simple Moving Average<\/a>. However, the bears are active near $2,180. Besides, there is still a key bearish trend line active with resistance at $2,165.<\/p>\n

If the bulls remain in action above $2,065, the price could attempt another increase. Immediate resistance is seen near the $2,165 level. The first key resistance is near the $2,200 level. The next major resistance is near the $2,250 level. A clear move above the $2,250 resistance might send the price toward the $2,300 resistance or the 76.4% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low.<\/p>\n

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

An upside break above the $2,300 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,350 resistance zone or even $2,400 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,165 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 $2,065 zone.<\/p>\n

A clear move below the $2,065 support might push the price toward the $2,025 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n

Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n

Major Support Level \u2013 $2,065<\/p>\n

Major Resistance Level \u2013 $2,165<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave from the $2,025 zone. ETH is now consolidating above $2,120 and might struggle to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is still a key bearish trend line active with […]<\/p>\n","protected":false},"author":0,"featured_media":144222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-144221","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\/144221"}],"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=144221"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/144221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/144222"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}