{"id":2662,"date":"2025-01-30T06:00:25","date_gmt":"2025-01-30T06:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-struggles-against-resistance-a-tough-road-ahead\/"},"modified":"2025-01-30T06:00:25","modified_gmt":"2025-01-30T06:00:25","slug":"ethereum-price-struggles-against-resistance-a-tough-road-ahead","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-struggles-against-resistance-a-tough-road-ahead\/","title":{"rendered":"Ethereum Price Struggles Against Resistance: A Tough Road Ahead"},"content":{"rendered":"<p><em>Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh decline below the $3,120 zone.<\/li>\n<li>The price is trading below $3,180 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $3,220 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start another decline if it stays below the $3,200 level.<\/li>\n<\/ul>\n<h2>Ethereum Price Faces Resistance<\/h2>\n<p>Ethereum price started a fresh decline below the $3,220 and $3,180 levels, like Bitcoin. ETH even declined below the $3,050 level before the bulls appeared.<\/p>\n<p>A low was formed at $3,021 and the price recently corrected some losses. There was a move above the $3,120 and $3,150 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $3,425 wing high to the $3,020 swing low.<\/p>\n<p>However, the bears were active below the $3,200 resistance. Ethereum price is now trading below $3,200 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3,220 on the hourly chart of ETH\/USD.<\/p>\n<p>On the upside, the price seems to be facing hurdles near the $3,180 level. The first major resistance is near the $3,200 level and the trend line. The main resistance is now forming near $3,220 and the 50% Fib retracement level of the downward move from the $3,425 wing high to the $3,020 swing low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-686166\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Ethereum_565ae9.png?resize=1024%2C478\" alt=\"Ethereum Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>A clear move above the $3,220 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,200 resistance, it could start another decline. Initial support on the downside is near the $3,0750 level. The first major support sits near the $3,050.<\/p>\n<p>A clear move below the $3,050 support might push the price toward the $3,020 support. Any more losses might send the price toward the $3,000 support level in the near term. The next key support sits at $2,950.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,050<\/p>\n<p>Major Resistance Level \u2013 $3,220<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone. Ethereum started a fresh decline below the $3,120 zone. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,220 on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-2662","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\/2662","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=2662"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2663"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}