{"id":62400,"date":"2025-04-28T03:28:57","date_gmt":"2025-04-28T03:28:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=62400"},"modified":"2025-04-28T03:28:57","modified_gmt":"2025-04-28T03:28:57","slug":"ethereum-price-retreats-temporary-breather-or-trend-shift","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=62400","title":{"rendered":"Ethereum Price Retreats \u2014 Temporary Breather or Trend Shift?"},"content":{"rendered":"

Ethereum price started a downside correction below the $1,800 level. ETH is now testing the $1,750 zone and might dip further toward $1,700.<\/em><\/p>\n

Ethereum started a downside correction and traded below the $1,780 level.
\nThe price is trading below $1,775 and the 100-hourly Simple Moving Average.
\nThere was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it clears the $1,785 resistance zone.<\/p>\n

Ethereum Price Starts Downside Correction<\/h2>\n

Ethereum price remained stable above the $1,720 level and started a fresh increase, like Bitcoin<\/a>. ETH traded above the $1,750 and $1,780 levels. The bulls even pumped the price above the $1,800 level.<\/p>\n

A high was formed near $1,850 and the price recently started a downside correction<\/a>. There was a move below the 50% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high. The price even dipped below the $1,800 level.<\/p>\n

There was a break below a connecting bullish trend line with support at $1,800 on the hourly chart of ETH\/USD. The bulls are now active near the 76.4% Fib retracement level of the upward move from the $1,723 swing low to the $1,848 high.<\/p>\n

Ethereum price is now trading below $1,780 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,775 level. The next key resistance is near the $1,800 level. The first major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,850 resistance.<\/p>\n

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

An upside break above the $1,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,920 resistance zone or even $2,000 in the near term.<\/p>\n

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

If Ethereum fails to clear the $1,800 resistance, it could start a fresh decline. Initial support on the downside is near the $1,750 level. The first major support sits near the $1,700 zone.<\/p>\n

A clear move below the $1,700 support might push the price toward the $1,650 support. Any more losses might send the price toward the $1,620 support level in the near term. The next key support sits at $1,550.<\/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 below the 50 zone.<\/p>\n

Major Support Level \u2013 $1,750<\/p>\n

Major Resistance Level \u2013 $1,800<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a downside correction below the $1,800 level. ETH is now testing the $1,750 zone and might dip further toward $1,700. Ethereum started a downside correction and traded below the $1,780 level. The price is trading below $1,775 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend […]<\/p>\n","protected":false},"author":0,"featured_media":62401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62400","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\/62400"}],"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=62400"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/62401"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}