{"id":65870,"date":"2025-05-13T03:18:33","date_gmt":"2025-05-13T03:18:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65870"},"modified":"2025-05-13T03:18:33","modified_gmt":"2025-05-13T03:18:33","slug":"ethereum-price-dips-healthy-cooldown-or-warning-sign-of-bigger-trouble","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65870","title":{"rendered":"Ethereum Price Dips: Healthy Cooldown or Warning Sign of Bigger Trouble?"},"content":{"rendered":"

Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might revisit the $2,350 support zone.<\/em><\/p>\n

Ethereum started a downside correction from the $2,600 resistance.
\nThe price is trading above $2,400 and the 100-hourly Simple Moving Average.
\nThere was a break below a connecting bullish trend line with support at $2,500 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could find bids near $2,350 and start a fresh increase in the near term.<\/p>\n

Ethereum Price Aims Fresh Increase<\/h2>\n

Ethereum price remained supported and started a fresh increase above $2,350, beating Bitcoin<\/a>. ETH gained pace for a move above the $2,400 resistance zone.<\/p>\n

The bulls were able to push the price above the $2,550 resistance zone. The price gained over 35% and recently tested the $2,600 resistance zone. A high was formed at $2,624 and the price is now correcting gains. There was a minor decline below the 50% Fib retracement level of the upward move from the $2,272 swing low to the $2,624 high.<\/p>\n

There was a break below a connecting bullish trend line<\/a> with support at $2,500 on the hourly chart of ETH\/USD. However, the bulls are still active above $2,400. Ethereum price is now trading above $2,400 and the 100-hourly Simple Moving Average.<\/p>\n

On the upside, the price seems to be facing hurdles near the $2,500 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,620 level. A clear move above the $2,620 resistance might send the price toward the $2,650 resistance.<\/p>\n

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

An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,780 in the near term.<\/p>\n

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

If Ethereum fails to clear the $2,500 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,350 zone and the 76.4% Fib retracement level of the upward move from the $2,272 swing low to the $2,624 high.<\/p>\n

A clear move below the $2,350 support might push the price toward the $2,275 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,200.<\/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 below the 50 zone.<\/p>\n

Major Support Level \u2013 $2,350<\/p>\n

Major Resistance Level \u2013 $2,500<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might revisit the $2,350 support zone. Ethereum started a downside correction from the $2,600 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at […]<\/p>\n","protected":false},"author":0,"featured_media":65871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65870","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\/65870"}],"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=65870"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65871"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}