{"id":10549,"date":"2026-03-17T05:11:06","date_gmt":"2026-03-17T05:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-upside-run-intensifies-2400-break-incoming\/"},"modified":"2026-03-17T05:11:06","modified_gmt":"2026-03-17T05:11:06","slug":"ethereum-price-upside-run-intensifies-2400-break-incoming","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-upside-run-intensifies-2400-break-incoming\/","title":{"rendered":"Ethereum Price Upside Run Intensifies \u2014 $2,400 Break Incoming?"},"content":{"rendered":"<p><em>Ethereum price started a major increase above the $2,250 zone. ETH is now showing positive signs and might aim for more gains above $2,400.<\/em><\/p>\n<ul>\n<li>Ethereum started a steady upward move above the $2,250 zone.<\/li>\n<li>The price is trading above $2,300 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $2,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it clears the $2,400 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Rallies Over 10%<\/h2>\n<p>Ethereum price extended its upward move after it cleared the $2,150 zone, like Bitcoin. ETH price was able to clear the $2,200 resistance zone.<\/p>\n<p>The bulls pushed the price above $2,320 and $2,350. A high was formed at $2,385, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $2,062 swing low to the $2,385 high.<\/p>\n<p>Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,120 on the hourly chart of ETH\/USD.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-887680\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_f7868f.png?resize=1024%2C512\" alt=\"Ethereum Price\" width=\"1024\" height=\"512\" \/><\/p>\n<p>If the bulls remain in action above $2,320, the price could attempt another increase. Immediate resistance is seen near the $2,365 level. The first key resistance is near the $2,380 level. The next major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.<\/p>\n<h2>Downside Correction In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,400 resistance, it could start a fresh decline. Initial support on the downside is near the $2,320 level. The first major support sits near the $2,220 zone or the 50% Fib retracement level of the recent upward move from the $2,062 swing low to the $2,385 high.<\/p>\n<p>A clear move below the $2,220 support might push the price toward the $2,150 support. Any more losses might send the price toward the $2,100 region. The main support could be $2,050.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining 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 $2,320<\/p>\n<p>Major Resistance Level \u2013 $2,400<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a major increase above the $2,250 zone. ETH is now showing positive signs and might aim for more gains above $2,400. Ethereum started a steady upward move above the $2,250 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10550,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-10549","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\/10549","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=10549"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10550"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}