{"id":9396,"date":"2026-01-14T06:00:22","date_gmt":"2026-01-14T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-rips-higher-by-8-forcing-bears-to-reassess\/"},"modified":"2026-01-14T06:00:22","modified_gmt":"2026-01-14T06:00:22","slug":"ethereum-price-rips-higher-by-8-forcing-bears-to-reassess","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-rips-higher-by-8-forcing-bears-to-reassess\/","title":{"rendered":"Ethereum Price Rips Higher by 8%, Forcing Bears to Reassess"},"content":{"rendered":"<p><em>Ethereum price started a major increase above the $3,160 resistance. ETH is now consolidating gains and might dip toward the $3,250 zone.<\/em><\/p>\n<ul>\n<li>Ethereum started a downside correction after a major rally to $3,375.<\/li>\n<li>The price is trading above $3,300 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a major bearish trend line with resistance at $3,140 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it stays above the $3,250 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Revisits $3,350<\/h2>\n<p>Ethereum price remained stable above $31,20 and started a fresh increase, like Bitcoin. ETH price rallied above the $3,160 and $3,200 resistance levels.<\/p>\n<p>There was a break above a major bearish trend line with resistance at $3,140 on the hourly chart of ETH\/USD. The bulls even pumped the price above $3,300. A high was formed at $3,374, and the price is now correcting some gains.<\/p>\n<p>Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,300 or the 23.6% Fib retracement level of the recent wave from the $3,061 swing low to the $3,374 high, the price could attempt another increase.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-875513\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Ethereum_e46876.png?resize=1024%2C488\" alt=\"Ethereum Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>Immediate resistance is seen near the $3,340 level. The first key resistance is near the $3,380 level. The next major resistance is near the $3,420 level. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term.<\/p>\n<h2>Downside Correction In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,340 resistance, it could start a fresh decline. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,250 zone.<\/p>\n<p>A clear move below the $3,250 support might push the price toward the $3,220 support and the 50% Fib retracement level of the recent wave from the $3,061 swing low to the $3,374 high. Any more losses might send the price toward the $3,180 region.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing 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 $3,250<\/p>\n<p>Major Resistance Level \u2013 $3,340<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a major increase above the $3,160 resistance. ETH is now consolidating gains and might dip toward the $3,250 zone. Ethereum started a downside correction after a major rally to $3,375. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9397,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-9396","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\/9396","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=9396"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9397"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}