{"id":165915,"date":"2026-05-15T02:58:11","date_gmt":"2026-05-15T02:58:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=165915"},"modified":"2026-05-15T02:58:11","modified_gmt":"2026-05-15T02:58:11","slug":"ethereum-price-trapped-below-2320-recovery-hopes-start-fading","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=165915","title":{"rendered":"Ethereum Price Trapped Below $2,320, Recovery Hopes Start Fading"},"content":{"rendered":"

Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance.<\/em><\/p>\n

Ethereum started a recovery wave from the $2,235 zone.
\nThe price is trading below $2,300 and the 100-hourly Simple Moving Average.
\nThere is a bullish trend line forming with support at $2,260 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,320 zone.<\/p>\n

Ethereum Price Faces Hurdles<\/h2>\n

Ethereum price remained bid above the $2,220 support zone and attempted to recover, like Bitcoin<\/a>. ETH price formed a base and started a recovery wave above the $2,265 resistance.<\/p>\n

The price surpassed the 50% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low. The bulls even pushed the price toward $2,320. The bears remained active and pushed the price below $2,300.<\/p>\n

Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average<\/a>. Besides, there is a bullish trend line forming with support at $2,260 on the hourly chart of ETH\/USD.<\/p>\n

If the bulls remain in action above $2,260, the price could attempt another increase. Immediate resistance is seen near the $2,300 level. The first key resistance is near the $2,320 level or the 61.8% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low.<\/p>\n

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

The next major resistance is near the $2,380 level. A clear move above the $2,380 resistance might send the price toward the $2,420 resistance. An upside break above the $2,420 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,320 resistance, it could start a fresh decline. Initial support on the downside is near the $2,260 level. The first major support sits near the $2,250 zone.<\/p>\n

A clear move below the $2,250 support might push the price toward the $2,220 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 $2,250<\/p>\n

Major Resistance Level \u2013 $2,320<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance. Ethereum started a recovery wave from the $2,235 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at […]<\/p>\n","protected":false},"author":0,"featured_media":165916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-165915","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\/165915"}],"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=165915"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/165916"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}