{"id":8850,"date":"2025-12-16T06:00:24","date_gmt":"2025-12-16T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-sinks-under-3k-is-volatility-about-to-explode\/"},"modified":"2025-12-16T06:00:24","modified_gmt":"2025-12-16T06:00:24","slug":"ethereum-price-sinks-under-3k-is-volatility-about-to-explode","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-sinks-under-3k-is-volatility-about-to-explode\/","title":{"rendered":"Ethereum Price Sinks Under $3K\u2014Is Volatility About to Explode?"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline below $3,00<\/em><em>0. ETH is now consolidating and might soon aim to start a recovery wave above $2,980.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh decline from the $3,175 zone.<\/li>\n<li>The price is trading below $3,000 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move down if it settles below the $2,920 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Dips 5%<\/h2>\n<p>Ethereum price failed to stay above $3,150 and started a fresh decline, like Bitcoin. ETH price dipped below $3,120 and $3,050 to enter a bearish zone.<\/p>\n<p>The bears even pushed the price below $3,000. A low was formed at $2,916 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $3,175 swing high to the $2,916 low.<\/p>\n<p>Ethereum price is now trading below $3,000 and the 100-hourly Simple Moving Average. Besides, there is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH\/USD.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-867112\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Ethereum_f0c951.png?resize=1024%2C488\" alt=\"Ethereum Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>If there is another upward move, the price could face resistance near the $2,980 level. The next key resistance is near the $3,050 level and the 50% Fib retracement level of the downward move from the $3,175 swing high to the $2,916 low. The first major resistance is near the $3,080 level. A clear move above the $3,080 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,175 resistance zone or even $3,200 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,980 resistance, it could start a fresh decline. Initial support on the downside is near the $2,950 level. The first major support sits near the $2,920 zone.<\/p>\n<p>A clear move below the $2,920 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,840 region. The next key support sits at $2,800.<\/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 $2,920<\/p>\n<p>Major Resistance Level \u2013 $3,080<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave above $2,980. Ethereum started a fresh decline from the $3,175 zone. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8851,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-8850","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\/8850","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=8850"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8851"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}