{"id":2951,"date":"2025-02-14T06:00:24","date_gmt":"2025-02-14T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-holds-ground-are-bulls-preparing-for-the-next-move\/"},"modified":"2025-02-14T06:00:24","modified_gmt":"2025-02-14T06:00:24","slug":"ethereum-price-holds-ground-are-bulls-preparing-for-the-next-move","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-holds-ground-are-bulls-preparing-for-the-next-move\/","title":{"rendered":"Ethereum Price Holds Ground\u2014Are Bulls Preparing for the Next Move?"},"content":{"rendered":"<p><em>Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh increase above the $2,620 resistance level.<\/li>\n<li>The price is trading above $2,650 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $2,640 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a decent upward move if it settles above $2,750 and $2,800.<\/li>\n<\/ul>\n<h2>Ethereum Price Eyes Steady Increase<\/h2>\n<p>Ethereum price remained supported above the $2,550 level, like Bitcoin. ETH formed a base and recently started a fresh increase above the $2,600 and $2,620 resistance levels.<\/p>\n<p>The bulls pumped the pair above the 23.6% Fib retracement level of the downside correction from the $2,794 swing high to the $2,614 low. The pair is now moving higher above the $2,680 level. There is also a key bullish trend line forming with support at $2,640 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $2,650 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,700 level or the 50% Fib retracement level of the downside correction from the $2,794 swing high to the $2,614 low.<\/p>\n<p>The first major resistance is near the $2,750 level. The main resistance is now forming near $2,800 or $2,820. A clear move above the $2,820 resistance might send the price toward the $2,920 resistance.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-696303\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Ethereum_6c5922.png?resize=1024%2C478\" alt=\"Ethereum Price\" width=\"1024\" height=\"478\" \/><\/p>\n<p>An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,050 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,750 resistance, it could start another decline. Initial support on the downside is near the $2,655 level or the 100 hourly SMA. The first major support sits near the $2,620 zone or the trend line.<\/p>\n<p>A clear move below the $2,620 support might push the price toward the $2,600 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,440.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish 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 $2,620<\/p>\n<p>Major Resistance Level \u2013 $2,750<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone. Ethereum started a fresh increase above the $2,620 resistance level. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,640&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-2951","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\/2951","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=2951"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2952"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}