{"id":155247,"date":"2026-04-24T03:18:37","date_gmt":"2026-04-24T03:18:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=155247"},"modified":"2026-04-24T03:18:37","modified_gmt":"2026-04-24T03:18:37","slug":"ethereum-price-upside-stalls-another-decline-could-be-brewing","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=155247","title":{"rendered":"Ethereum Price Upside Stalls, Another Decline Could Be Brewing"},"content":{"rendered":"

Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,285 and might struggle to recover.<\/em><\/p>\n

Ethereum started a downside correction from the $2,425 zone.
\nThe price is trading below $2,365 and the 100-hourly Simple Moving Average.
\nThere was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it stays above the $2,255 zone.<\/p>\n

Ethereum Price Trims Gains<\/h2>\n

Ethereum price failed to remain stable above $2,385 and started a downside correction, underperforming Bitcoin<\/a>. ETH price dipped below the $2,365 and $2,350 levels.<\/p>\n

There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH\/USD. The pair traded as low as $2,286 and is currently consolidating losses. There was a minor move above the 23.6% Fib retracement level of the downward move<\/a> from the $2,423 swing high to the $2,286 low.<\/p>\n

Ethereum price is now trading below $2,365 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,285, the price could attempt another increase. Immediate resistance is seen near the $2,355 level and the 50% Fib retracement level of the downward move from the $2,423 swing high to the $2,286 low.<\/p>\n

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

The first key resistance is near the $2,385 level. The next major resistance is near the $2,425 level. A clear move above the $2,425 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,510 resistance zone or even $2,550 in the near term.<\/p>\n

More Losses In ETH?<\/h2>\n

If Ethereum fails to clear the $2,385 resistance, it could start a fresh decline. Initial support on the downside is near the $2,285 level. The first major support sits near the $2,255 zone.<\/p>\n

A clear move below the $2,255 support might push the price toward the $2,200 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120.<\/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 $2,255<\/p>\n

Major Resistance Level \u2013 $2,425<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,285 and might struggle to recover. Ethereum started a downside correction from the $2,425 zone. The price is trading below $2,365 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 […]<\/p>\n","protected":false},"author":0,"featured_media":155248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-155247","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\/155247"}],"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=155247"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/155247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/155248"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=155247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=155247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=155247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}