Ethereum’s price took a scenic route downward, dodging $1,880 like it was a bad date. Now it’s “consolidating losses,” which is just a fancy way of saying “panicking in slow motion.”
- Ethereum failed to stay above $1,920. Congrats, you’ve officially broken the internet.
- The price is below $1,900 and the 100-hourly Simple Moving Average. Because nothing says “confidence” like a chart that’s clearly in denial.
- A bearish trend line? Oh, great, another one. It’s like the stock market’s version of a broken record.
- If it stays below $1,900, expect a fresh decline. Because nothing says “excitement” like a 50% chance of more losses.
Ethereum Price Dips Further
Ethereum’s price failed to stay above $1,900 and started a fresh decline, like Bitcoin. ETH traded below $1,880 and $1,860 to enter a bearish zone. Because nothing says “I’m a crypto genius” like a 20% drop.
Finally, the bulls appeared near $1,810. A low was formed at $1,811, and the price started a minor recovery wave. Because nothing says “I’m here to help” like a 10% bounce.
The price is now trading below $1,880 and the 100-hourly Simple Moving Average. If the bulls stay above $1,820, expect a “recovery.” Which, in crypto terms, means “maybe tomorrow.”
The first key resistance is near $1,900. The next major resistance is $1,920. And there’s a bearish trend line. Because why have one problem when you can have ten?
A clear move above $1,920 might send the price toward $1,965. An upside break could call for more gains. Which, in crypto, means “maybe a 5% increase, but don’t get your hopes up.”
Another Drop In ETH?
If Ethereum fails to clear $1,900, it could start a fresh decline. Initial support is near $1,835. Because nothing says “I’m safe” like a number that’s 10% below the last crash.
A move below $1,820 might push the price to $1,780. Any more losses? Welcome to the $1,740 zone. The main support? $1,720. Because nothing says “trust me” like a price that’s 30% below its peak.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Because nothing says “bullish” like a chart that’s clearly in denial.
Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Because nothing says “I’m healthy” like a number that’s screaming for help.
Major Support Level – $1,820
Major Resistance Level – $1,900
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2026-02-24 06:32