{"id":10264,"date":"2026-03-02T05:11:04","date_gmt":"2026-03-02T05:11:04","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-support-intact-but-market-signals-waning-bullish-momentum\/"},"modified":"2026-03-02T05:11:04","modified_gmt":"2026-03-02T05:11:04","slug":"ethereum-price-support-intact-but-market-signals-waning-bullish-momentum","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-support-intact-but-market-signals-waning-bullish-momentum\/","title":{"rendered":"Ethereum Price Support Intact, but Market Signals Waning Bullish Momentum"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase from $1,840. ETH is now consolidating gains and might aim for another increase above $2,000.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh upward move above the $1,900 zone.<\/li>\n<li>The price is trading below $2,000 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a new bearish trend line forming with resistance at $2,000 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh decline if it stays below the $1,880 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Remains Above Support<\/h2>\n<p>Ethereum price managed to form a base and traded above the $1,900 resistance, like Bitcoin. ETH price rallied above the $1,950 and $2,000 resistance levels.<\/p>\n<p>The bulls even pumped the price above $2,020. A high was formed at $2,054 before there was a downside correction. The price dipped below $2,000 and the 50% Fib retracement level of the upward move from the $1,836 swing low to the $2,054 high before the bulls appeared.<\/p>\n<p>Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,900, the price could attempt another increase. Immediate resistance is seen near the $2,00 level. There is also a new bearish trend line forming with resistance at $2,000 on the hourly chart of ETH\/USD.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-884620\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>The first key resistance is near the $2,050 level. The next major resistance is near the $2,120 level. A clear move above the $2,120 resistance might send the price toward the $2,155 resistance. An upside break above the $2,155 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,220 resistance zone or even $2,250 in the near term.<\/p>\n<h2>Downside Continuation In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,000 resistance, it could start a fresh decline. Initial support on the downside is near the $1,920 level. The first major support sits near the $1,880 zone or the 76.4% Fib retracement level of the upward move from the $1,836 swing low to the $2,054 high.<\/p>\n<p>A clear move below the $1,880 support might push the price toward the $1,840 support. Any more losses might send the price toward the $1,800 region. The main support could be $1,740.<\/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 below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $1,880<\/p>\n<p>Major Resistance Level \u2013 $2,050<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase from $1,840. ETH is now consolidating gains and might aim for another increase above $2,000. Ethereum started a fresh upward move above the $1,900 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,000&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10265,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-10264","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:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10264"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10265"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}