{"id":167959,"date":"2026-05-20T03:08:35","date_gmt":"2026-05-20T03:08:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=167959"},"modified":"2026-05-20T03:08:35","modified_gmt":"2026-05-20T03:08:35","slug":"ethereum-price-bounce-looks-fragile-another-selloff-may-be-brewing","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=167959","title":{"rendered":"Ethereum Price Bounce Looks Fragile, Another Selloff May Be Brewing"},"content":{"rendered":"

Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance.<\/em><\/p>\n

Ethereum started a recovery wave from the $2,075 zone.
\nThe price is trading below $2,120 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh decline if it stays below the $2,150 zone.<\/p>\n

Ethereum Price Faces Hurdles<\/h2>\n

Ethereum price remained bid above the $2,050 support zone, like Bitcoin<\/a>. ETH price formed a base and started a recovery wave above the $2,065 resistance.<\/p>\n

The price surpassed the 38.2% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The bulls even pushed the price toward $2,150 but the bears remained active. Besides, there is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH\/USD.<\/p>\n

Ethereum price is now trading below $2,120 and the 100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $2,075, the price could attempt another increase. Immediate resistance is seen near the $2,120 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low.<\/p>\n

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

The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,300 resistance zone or even $2,315 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,085 level. The first major support sits near the $2,075 zone.<\/p>\n

A clear move below the $2,075 support might push the price toward the $2,020 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 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 $2,050<\/p>\n

Major Resistance Level \u2013 $2,150<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave from the $2,075 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at […]<\/p>\n","protected":false},"author":0,"featured_media":167960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-167959","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\/167959"}],"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=167959"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/167959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/167960"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}