Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Ethereum Bears keep pushing, so why isn’t the decline over yet?
EXCHANGE NEWS

Ethereum Bears keep pushing, so why isn’t the decline over yet?

By Crypto FlexsFebruary 5, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Bears keep pushing, so why isn’t the decline over yet?
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price is falling again from the $2,325 resistance level. ETH could fall significantly if it moves below the $2,270 support.

  • Ethereum is showing some signs of weakness in the $2,325 region.
  • The price is trading below $2,300 and the 100-hour simple moving average.
  • The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,300.
  • A break above the $2,325 resistance could start a new rally.

Ethereum price is struggling below $2,325.

Ethereum price attempted a new rise above the $2,300 level. However, ETH received strong selling interest around $2,325. A high was made near $2,327 and the price began a new decline, like Bitcoin.

There was a move below the $2,300 support level. The price surged below $2,280 and traded below the 50% Fib retracement level, rising from the $2,241 swing low to the $2,327 high. Ethereum is currently trading below $2,300 and the 100-hour simple moving average.

Bulls are currently protecting the $2,270 support, or the 61.8% Fib retracement level from the $2,241 swing low to the $2,327 high. On the positive side, the first major resistance is near the $2,300 level. Additionally, on the hourly chart of ETH/USD, there is a major bearish trend line forming with resistance near $2,300.

Source: ETHUSD on TradingView.com

The next major resistance is near $2,325, above which the price could rise to test the $2,380 resistance. If the bulls push the price above the $2,380 resistance, they could target $2,440. A clear break above the $2,440 level could push the price higher. If specified, the price could rise to the $2,500 level.

Will there be more losses in ETH?

If Ethereum fails to clear the $2,325 resistance, another decline could begin. Initial support for the downside is near the $2,270 level.

The next major support could be the $2,240 zone. A clear move below the $2,240 support could lead the price towards $2,200. The main assistance amount could be $2,120. Any more losses could push the price down to the $2,080 level.

technical indicators

Hourly MACD – ETH/USD MACD is losing momentum in bearish territory.

RSI per hour – The RSI for ETH/USD is now below the 50 level.

Key Support Level – $2,240

Key Resistance Level – $2,325

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025
Most Popular

Has Cardano’s rally begun? This time, let’s see if ADA can reach $1.

April 21, 2024

The BNB chain aims for malicious MEVs to protect the defect ecosystem.

February 11, 2025

Telenor unveils its first Norwegian AI plant, which focuses on sustainability.

March 1, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.