{"id":171618,"date":"2026-05-28T03:08:21","date_gmt":"2026-05-28T03:08:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=171618"},"modified":"2026-05-28T03:08:21","modified_gmt":"2026-05-28T03:08:21","slug":"ethereum-price-struggles-near-key-levels-as-market-sentiment-weakens-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=171618","title":{"rendered":"Ethereum Price Struggles Near Key Levels As Market Sentiment Weakens"},"content":{"rendered":"

Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating above $2,000 and might struggle to recover.<\/em><\/p>\n

Ethereum remained in a bearish zone after a fresh decline below $2,080.
\nThe price is trading below $2,050 and the 100-hourly Simple Moving Average.
\nThere is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move down if it stays below the $2,090 zone.<\/p>\n

Ethereum Price Consolidates Losses<\/h2>\n

Ethereum price failed to remain stable above $2,100 and started a fresh decline, like Bitcoin<\/a>. ETH price dipped below the $2,080 and $2,065 levels.<\/p>\n

The price even traded below $2,050. A low was formed at $2,009, and the price is now showing many bearish signs and is well below the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low. Besides, there is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH\/USD.<\/p>\n

Ethereum price is now trading below $2,030 and the 100-hourly Simple Moving Average<\/a>. If the bulls remain in action above $2,000, the price could attempt another increase.<\/p>\n

Immediate resistance is seen near the $2,040 level. The first key resistance is near the $2,060 level. The next major resistance is near the $2,090 level or the 61.8% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low.<\/p>\n

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

A clear move above the $2,090 resistance might send the price toward the $2,120 resistance. An upside break above the $2,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,150 resistance zone or even $2,200 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,090 resistance, it could start a fresh decline. Initial support on the downside is near the $2,000 level. The first major support sits near the $1,965 zone.<\/p>\n

A clear move below the $1,920 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,840 region. The main support could be $1,750.<\/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 $2,000<\/p>\n

Major Resistance Level \u2013 $2,090<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating above $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,080. The price is trading below $2,050 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":171064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-171618","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\/171618"}],"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=171618"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/171618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/171064"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=171618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=171618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=171618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}