{"id":9710,"date":"2026-01-30T06:00:24","date_gmt":"2026-01-30T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-dumps-to-2700-bulls-scramble-to-defend-support\/"},"modified":"2026-01-30T06:00:24","modified_gmt":"2026-01-30T06:00:24","slug":"ethereum-price-dumps-to-2700-bulls-scramble-to-defend-support","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-dumps-to-2700-bulls-scramble-to-defend-support\/","title":{"rendered":"Ethereum Price Dumps To $2,700, Bulls Scramble To Defend Support"},"content":{"rendered":"<p><em>Ethereum price started a major decline after it failed to clear $3,050. ETH is down 10% and is now struggling to stay above the $2,700 support.<\/em><\/p>\n<ul>\n<li>Ethereum failed to stay above $2,880 and started a fresh decline.<\/li>\n<li>The price is trading below $2,800 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a steep bearish trend line forming with resistance at $2,820 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it stays above the $2,700 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Dips 10%<\/h2>\n<p>Ethereum price failed to remain stable above $2,880 and started a major decline, like Bitcoin. ETH price traded below $2,820 to enter a bearish zone.<\/p>\n<p>The bears even pushed the price below $2,750. A low was formed at $2,680 and the price is now showing bearish signs below the 23.6% Fib retracement level of the recent decline from the $3,040 swing high to the $2,680 low. There is also a steep bearish trend line forming with resistance at $2,820 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $2,800 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,700, the price could attempt another increase. Immediate resistance is seen near the $2,765 level. The first key resistance is near the $2,820 level and the trend line.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-878287\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Ethereum_16dbf6.png?resize=1024%2C509\" alt=\"Ethereum Price \" width=\"1024\" height=\"509\" \/><\/p>\n<p>The next major resistance is near the $2,860 level and the 50% Fib retracement level of the recent decline from the $3,040 swing high to the $2,680 low. A clear move above the $2,860 resistance might send the price toward the $2,900 resistance. An upside break above the $2,900 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,050 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,820 resistance, it could start a fresh decline. Initial support on the downside is near the $2,700 level. The first major support sits near the $2,680 zone.<\/p>\n<p>A clear move below the $2,680 support might push the price toward the $2,620 support. Any more losses might send the price toward the $2,550 region. The main support could be $2,500.<\/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 $2,700<\/p>\n<p>Major Resistance Level \u2013 $2,820<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a major decline after it failed to clear $3,050. ETH is down 10% and is now struggling to stay above the $2,700 support. Ethereum failed to stay above $2,880 and started a fresh decline. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a steep bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9711,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-9710","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\/9710","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=9710"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/9710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/9711"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=9710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=9710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=9710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}