
{"id":144886,"date":"2026-03-26T03:58:04","date_gmt":"2026-03-26T03:58:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=144886"},"modified":"2026-03-26T03:58:04","modified_gmt":"2026-03-26T03:58:04","slug":"ethereum-price-faces-downside-risk-bears-prepare-for-fresh-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=144886","title":{"rendered":"Ethereum Price Faces Downside Risk, Bears Prepare for Fresh Move"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating above $2,140 and is struggling to clear the $2,200 resistance.<\/em><\/p>\n<p>Ethereum started a recovery wave above the $2,150 zone.<br \/>\nThe price is trading above $2,120 and the 100-hourly Simple Moving Average.<br \/>\nThere is a new bearish trend line with forming resistance at $2,175 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start a fresh decline if it stays below the $2,205 resistance.<\/p>\n<h2>Ethereum Price Faces Resistance<\/h2>\n<p>Ethereum price managed to stay above $2,050 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-hits-barriers-71200\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price was able to climb above the $2,080 and $2,120 resistance levels.<\/p>\n<p>The price cleared the 38.2% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. However, the bears seem to be active below the $2,200 resistance. There is also a new bearish trend line with forming resistance at $2,175 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $2,140 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-trends-higher-2120\/\" 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 $2,175 level and the trend line.<\/p>\n<p>The first key resistance is near the $2,205 level or the 50% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_2b952d.png\"><\/a><\/p>\n<p>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. 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 $2,345 resistance zone or even $2,365 in the near term.<\/p>\n<h2>Another Drop In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,175 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 $2,065 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 bullish 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 $2,065<\/p>\n<p>Major Resistance Level \u2013 $2,175<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating above $2,140 and is struggling to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,150 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a new bearish trend line with forming resistance [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":144887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-144886","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\/144886"}],"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=144886"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/144886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/144887"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}