{"id":6023,"date":"2025-07-24T05:00:23","date_gmt":"2025-07-24T05:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds\/"},"modified":"2025-07-24T05:00:23","modified_gmt":"2025-07-24T05:00:23","slug":"ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds\/","title":{"rendered":"Ethereum Price Slips on Profit-Taking \u2013 Limited Downside as Whale Demand Holds"},"content":{"rendered":"<p><em>Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone.<\/em><\/p>\n<ul>\n<li>Ethereum started a downside correction below the $3,770 level.<\/li>\n<li>The price is trading below $3,680 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it remains supported above the $3,550 zone in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Holds Support<\/h2>\n<p>Ethereum price failed to extend gains above the $3,850 level and started a downside correction, like Bitcoin. ETH price traded below the $3,800 and $3,770 support levels.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. The decline was such that the price even dived below the $3,660 level and the 100-hourly Simple Moving Average.<\/p>\n<p>However, the bulls were active near the 76.4% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. Ethereum price is now trading below $3,680 and the 100-hourly Simple Moving Average.<\/p>\n<p>On the upside, the price could face resistance near the $3,670 level. There is also a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH\/USD. The next key resistance is near the $3,770 level. The first major resistance is near the $3,800 level. A clear move above the $3,800 resistance might send the price toward the $3,850 resistance.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-793176\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Ethereum_2145c5.png?resize=1024%2C479\" alt=\"Ethereum Price\" width=\"1024\" height=\"479\" loading=\"lazy\" \/><\/p>\n<p>An upside break above the $3,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,670 resistance, it could start a downside correction. Initial support on the downside is near the $3,600 level. The first major support sits near the $3,570 zone.<\/p>\n<p>A clear move below the $3,570 support might push the price toward the $3,520 support. Any more losses might send the price toward the $3,450 support level in the near term. The next key support sits at $3,320.<\/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 below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,520<\/p>\n<p>Major Resistance Level \u2013 $3,670<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone. Ethereum started a downside correction below the $3,770 level. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6024,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-6023","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\/6023","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=6023"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6024"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}