{"id":10685,"date":"2026-03-23T06:00:25","date_gmt":"2026-03-23T06:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-drops-toward-2000-pressure-mounts-on-key-support\/"},"modified":"2026-03-23T06:00:25","modified_gmt":"2026-03-23T06:00:25","slug":"ethereum-price-drops-toward-2000-pressure-mounts-on-key-support","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-drops-toward-2000-pressure-mounts-on-key-support\/","title":{"rendered":"Ethereum Price Drops Toward $2,000, Pressure Mounts on Key Support"},"content":{"rendered":"<p><em>Ethereum price started a sharp decline below the $2,220 zone. ETH is now consolidating above $2,020 and might aim for a recovery wave if it climbs above $2,110.<\/em><\/p>\n<ul>\n<li>Ethereum started a sharp decline below the $2,200 zone.<\/li>\n<li>The price is trading below $2,120 and the 100-hourly Simple Moving Average.<\/li>\n<li>There are two bearish trend lines forming with resistance at $2,120 and $2,165 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move down if it stays below the $2,165 resistance.<\/li>\n<\/ul>\n<h2>Ethereum Price Turns Red<\/h2>\n<p>Ethereum price failed to stay above $2,220 and started a fresh decline, like Bitcoin. ETH price declined below $2,150 and $2,120 to enter a short-term bearish zone.<\/p>\n<p>The price even spiked below $2,050. A low was formed at $2,025, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. There are also two bearish trend lines forming with resistance at $2,120 and $2,165 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $2,100 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,025, the price could attempt another increase. Immediate resistance is seen near the $2,080 level.<\/p>\n<p>The first key resistance is near the $2,120 level or the 100-hourly Simple Moving Average. The next major resistance is near the $2,165 level and the second trend line. A clear move above the $2,165 resistance might send the price toward the $2,200 resistance or the 50% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-888474\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>An upside break above the $2,200 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,300 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,120 resistance, it could start a fresh decline. Initial support on the downside is near the $2,040 level. The first major support sits near the $2,025 zone.<\/p>\n<p>A clear move below the $2,025 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,965 region. The main support could be $1,880.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,025<\/p>\n<p>Major Resistance Level \u2013 $2,120<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a sharp decline below the $2,220 zone. ETH is now consolidating above $2,020 and might aim for a recovery wave if it climbs above $2,110. Ethereum started a sharp decline below the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There are two bearish trend lines&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10686,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-10685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=10685"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/10686"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=10685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=10685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=10685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}