{"id":169080,"date":"2026-05-22T03:08:55","date_gmt":"2026-05-22T03:08:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=169080"},"modified":"2026-05-22T03:08:55","modified_gmt":"2026-05-22T03:08:55","slug":"ethereum-price-eyes-breakout-move-traders-watch-key-resistance-closely","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=169080","title":{"rendered":"Ethereum Price Eyes Breakout Move, Traders Watch Key Resistance Closely"},"content":{"rendered":"

Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance.<\/em><\/p>\n

Ethereum started a recovery wave above the $2,125 zone.
\nThe price is trading below $2,150 and the 100-hourly Simple Moving Average.
\nThere is a contracting triangle forming with resistance at $2,150 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 Aims for Upside Break<\/h2>\n

Ethereum price remained bid above the $2,080 support zone, like Bitcoin<\/a>. ETH price formed a base and started a recovery wave above the $2,100 resistance.<\/p>\n

The price surpassed the 50% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. However, the bears are active near $2,150. There is also a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH\/USD.<\/p>\n

Ethereum price is now trading below $2,140 and the 100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $2,110, the price could attempt another increase. Immediate resistance is seen near the $2,140 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 $2,176 level. A clear move above the $2,176 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 $2,265 resistance zone or even $2,320 in the near term.<\/p>\n

Another Drop 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 $2,110 level. The first major support sits near the $2,065 zone.<\/p>\n

A clear move below the $2,065 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 losing momentum in the bullish zone.<\/p>\n

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

Major Support Level \u2013 $2,020<\/p>\n

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

Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with […]<\/p>\n","protected":false},"author":0,"featured_media":169081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-169080","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\/169080"}],"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=169080"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/169080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/169081"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=169080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=169080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=169080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}