{"id":159075,"date":"2026-05-01T03:18:23","date_gmt":"2026-05-01T03:18:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=159075"},"modified":"2026-05-01T03:18:23","modified_gmt":"2026-05-01T03:18:23","slug":"ethereum-price-holds-losses-under-2300-recovery-momentum-still-weak","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=159075","title":{"rendered":"Ethereum Price Holds Losses Under $2,300, Recovery Momentum Still Weak"},"content":{"rendered":"

Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover.<\/em><\/p>\n

Ethereum started a downside correction below the $2,265 zone.
\nThe price is trading below $2,280 and the 100-hourly Simple Moving Average.
\nThere is a contracting triangle forming with support at $2,255 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it stays above the $2,220 zone.<\/p>\n

Ethereum Price Faces Resistance<\/h2>\n

Ethereum price failed to remain stable above $2,300 and started a downside correction, like Bitcoin<\/a>. ETH price dipped below the $2,280 and $2,265 levels.<\/p>\n

The price even traded below $2,250. A low was formed at $2,220, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low.<\/p>\n

Ethereum price is now trading below $2,270 and the 100-hourly Simple Moving Average<\/a>. Besides, there is a contracting triangle forming with support at $2,255 on the hourly chart of ETH\/USD.<\/p>\n

If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,280 level or the 50% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low.<\/p>\n

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

The first key resistance is near the $2,300 level. The next major resistance is near the $2,320 level. A clear move above the $2,320 resistance might send the price toward the $2,375 resistance. An upside break above the $2,375 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,420 resistance zone or even $2,440 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,280 resistance, it could start a fresh decline. Initial support on the downside is near the $2,255 level. The first major support sits near the $2,220 zone.<\/p>\n

A clear move below the $2,220 support might push the price toward the $2,165 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 losing momentum in the bearish zone.<\/p>\n

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

Major Support Level \u2013 $2,220<\/p>\n

Major Resistance Level \u2013 $2,280<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with support at $2,255 on the hourly […]<\/p>\n","protected":false},"author":0,"featured_media":159076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-159075","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\/159075"}],"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=159075"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/159075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/159076"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=159075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=159075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=159075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}