{"id":11688,"date":"2026-05-15T05:00:25","date_gmt":"2026-05-15T05:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-trapped-below-2320-recovery-hopes-start-fading\/"},"modified":"2026-05-15T05:00:25","modified_gmt":"2026-05-15T05:00:25","slug":"ethereum-price-trapped-below-2320-recovery-hopes-start-fading","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-trapped-below-2320-recovery-hopes-start-fading\/","title":{"rendered":"Ethereum Price Trapped Below $2,320, Recovery Hopes Start Fading"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance.<\/em><\/p>\n<ul>\n<li>Ethereum started a recovery wave from the $2,235 zone.<\/li>\n<li>The price is trading below $2,300 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bullish trend line forming with support at $2,260 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh decline if it stays below the $2,320 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Faces Hurdles<\/h2>\n<p>Ethereum price remained bid above the $2,220 support zone and attempted to recover, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,265 resistance.<\/p>\n<p>The price surpassed the 50% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low. The bulls even pushed the price toward $2,320. The bears remained active and pushed the price below $2,300.<\/p>\n<p>Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2,260 on the hourly chart of ETH\/USD.<\/p>\n<p>If the bulls remain in action above $2,260, the price could attempt another increase. Immediate resistance is seen near the $2,300 level. The first key resistance is near the $2,320 level or the 61.8% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-896415\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Ethereum_75c98a.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>The next major resistance is near the $2,380 level. A clear move above the $2,380 resistance might send the price toward the $2,420 resistance. An upside break above the $2,420 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,320 resistance, it could start a fresh decline. Initial support on the downside is near the $2,260 level. The first major support sits near the $2,250 zone.<\/p>\n<p>A clear move below the $2,250 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120.<\/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 $2,250<\/p>\n<p>Major Resistance Level \u2013 $2,320<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance. Ethereum started a recovery wave from the $2,235 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11689,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-11688","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\/11688","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=11688"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/11689"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=11688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=11688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=11688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}