{"id":9630,"date":"2026-01-27T05:11:06","date_gmt":"2026-01-27T05:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-rebounds-yet-3k-remains-a-brutal-resistance-test\/"},"modified":"2026-01-27T05:11:06","modified_gmt":"2026-01-27T05:11:06","slug":"ethereum-price-rebounds-yet-3k-remains-a-brutal-resistance-test","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-rebounds-yet-3k-remains-a-brutal-resistance-test\/","title":{"rendered":"Ethereum Price Rebounds, Yet $3K Remains A Brutal Resistance Test"},"content":{"rendered":"<p><em>Ethereum price extended losses and tested the $2,800 zone. ETH is now recovering some losses and might aim for more gains if it clears $2,960.<\/em><\/p>\n<ul>\n<li>Ethereum remained in a bearish zone and traded below $2,960.<\/li>\n<li>The price is trading just above $2,900 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a bearish trend line with resistance at $2,910 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 $2,880 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Eyes Steady Recovery<\/h2>\n<p>Ethereum price failed to remain stable above $2,920 and extended losses, like Bitcoin. ETH price declined below $2,860 and $2,840 to enter a bearish zone.<\/p>\n<p>The bears even pushed the price below $2,800. The price finally tested $2,780 and is currently attempting a recovery wave. There was a move above the $2,880 resistance zone. The price cleared the 50% Fib retracement level of the downward wave from the $3,066 swing high to the $2,784 swing low.<\/p>\n<p>Besides, there was a break above a bearish trend line with resistance at $2,910 on the hourly chart of ETH\/USD. Ethereum price is now trading just above $2,900 and the 100-hourly Simple Moving Average.<\/p>\n<p>If the bulls remain in action above $2,850, the price could attempt another increase. Immediate resistance is seen near the $2,960 level or the 61.8% Fib retracement level of the downward wave from the $3,066 swing high to the $2,784 swing low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-877858\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Ethereum_15aa10.png?resize=1024%2C488\" alt=\"Ethereum Price \" width=\"1024\" height=\"488\" \/><\/p>\n<p>The first key resistance is near the $3,000 level. The next major resistance is near the $3,020 level. A clear move above the $3,020 resistance might send the price toward the $3,065 resistance. An upside break above the $3,065 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,120 resistance zone or even $3,150 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,960 resistance, it could start a fresh decline. Initial support on the downside is near the $2,880 level. The first major support sits near the $2,840 zone.<\/p>\n<p>A clear move below the $2,840 support might push the price toward the $2,800 support. Any more losses might send the price toward the $2,765 region. The main support could be $2,720.<\/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 $2,840<\/p>\n<p>Major Resistance Level \u2013 $2,960<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price extended losses and tested the $2,800 zone. ETH is now recovering some losses and might aim for more gains if it clears $2,960. Ethereum remained in a bearish zone and traded below $2,960. The price is trading just above $2,900 and the 100-hourly Simple Moving Average. There was a break above a bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9631,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-9630","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\/9630","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=9630"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9631"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}