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{"id":667399,"date":"2024-12-27T03:18:39","date_gmt":"2024-12-27T03:18:39","guid":{"rendered":"https:\/\/ktsl888.com\/?p=667399"},"modified":"2024-12-27T02:46:44","modified_gmt":"2024-12-27T02:46:44","slug":"ethereum-price-falls-again-3300","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-falls-again-3300\/","title":{"rendered":"Ethereum Price Falls Again: Is the Decline Gaining Momentum?"},"content":{"rendered":"

Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level.<\/em><\/p>\n

\n
Ethereum started a fresh decline from the $3,550 zone.<\/li>\n
The price is trading below $3,450 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could gain bearish momentum if it settles below the $3,300 level.<\/li>\n<\/ul>\n
Ethereum Price Dips To Support<\/h2>\n
Ethereum price struggled to continue higher above the $3,550 resistance<\/a> and started a fresh decline like Bitcoin<\/a>. ETH traded below the $3,450 and $3,420 support levels.<\/p>\n
There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH\/USD. The pair even dipped below the 50% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high.<\/p>\n
Ethereum price is now trading below $3,450 and the 100-hourly Simple Moving Average. It is now testing the $3,300 support and is above the 76.4% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high.<\/p>\n
On the upside, the price seems to be facing hurdles near the $3,380 level. The first major resistance is near the $3,420 level. The main resistance is now forming near $3,500. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance.<\/p>\n
$\"Ethereum$ <\/a>
Source: ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
An upside break above the $3,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,720 in the near term.<\/p>\n
More Losses In ETH?<\/h2>\n
If Ethereum fails to clear the $3,420 resistance, it could continue to move down. Initial support on the downside is near the $3,320 level. The first major support sits near the $3,300.<\/p>\n
A clear move below the $3,300 support might push the price toward the $3,250 support. Any more losses might send the price toward the $3,220 support level in the near term. The next key support sits at $3,110.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n
Major Support Level \u2013 $3,300<\/p>\n
Major Resistance Level \u2013 $3,420<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could gain bearish momentum if it settles below the $3,300 level. Ethereum Price Dips To Support Ethereum price struggled to continue higher above the $3,550 resistance and started a fresh decline like Bitcoin. ETH traded below the $3,450 and $3,420 support levels. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH\/USD. The pair even dipped below the 50% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high. Ethereum price is now trading below $3,450 and the 100-hourly Simple Moving Average. It is now testing the $3,300 support and is above the 76.4% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high. On the upside, the price seems to be facing hurdles near the $3,380 level. The first major resistance is near the $3,420 level. The main resistance is now forming near $3,500. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,420 resistance, it could continue to move down. Initial support on the downside is near the $3,320 level. The first major support sits near the $3,300. A clear move below the $3,300 support might push the price toward the $3,250 support. Any more losses might send the price toward the $3,220 support level in the near term. The next key support sits at $3,110. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH\/USD is now below the 50 zone. Major Support Level \u2013 $3,300 Major Resistance Level \u2013 $3,420<\/p>\n","protected":false},"author":67,"featured_media":667401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83362],"tags":[65296,1946,8686,78803],"class_list":["post-667399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Price Falls Again: Is the Decline Gaining Momentum?<\/title>\n<meta name=\"description\" content=\"Ethereum price started a fresh decline from the $3,550 resistance. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Price Falls Again: Is the Decline Gaining Momentum?","url":"http:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-falls-again-3300\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-falls-again-3300\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Ethereum-Falls-Again.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Ethereum-Falls-Again.jpg?fit=1792%2C1024"},"articleSection":"ETH","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethbtc","ethereum","ethusd","ethusdt"],"dateCreated":"2024-12-27T03:18:39Z","datePublished":"2024-12-27T03:18:39Z","dateModified":"2024-12-27T03:18:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Falls Again: Is the Decline Gaining Momentum?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/eth\\\/ethereum-price-falls-again-3300\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/eth\\\/ethereum-price-falls-again-3300\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Ethereum-Falls-Again.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Ethereum-Falls-Again.jpg?fit=1792%2C1024\"},\"articleSection\":\"ETH\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethbtc\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2024-12-27T03:18:39Z\",\"datePublished\":\"2024-12-27T03:18:39Z\",\"dateModified\":\"2024-12-27T03:18:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Ethereum-Falls-Again.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/667399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=667399"}],"version-history":[{"count":1,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/667399\/revisions"}],"predecessor-version":[{"id":667402,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/667399\/revisions\/667402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/667401"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=667399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=667399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=667399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}