TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K<\/title>\n<meta name=\"description\" content=\"Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ethereum\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K\" \/>\n<meta property=\"og:description\" content=\"Ethereum extended decline below the $3,200 support zone against the US Dollar. 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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:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K","url":"http:\/\/uniquehot.com\/news\/ethereum\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/03\/shutterstock_1418423411.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/03\/shutterstock_1418423411.jpg?fit=1000%2C667"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum","ethusd","ethusdt"],"dateCreated":"2022-01-19T09:50:32Z","datePublished":"2022-01-19T09:50:32Z","dateModified":"2024-06-11T14:10:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/shutterstock_1418423411.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/shutterstock_1418423411.jpg?fit=1000%2C667\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2022-01-19T09:50:32Z\",\"datePublished\":\"2022-01-19T09:50:32Z\",\"dateModified\":\"2024-06-11T14:10:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/03\/shutterstock_1418423411.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/481484"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=481484"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/481484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/459399"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=481484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=481484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=481484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":481484,"date":"2022-01-19T09:50:32","date_gmt":"2022-01-19T09:50:32","guid":{"rendered":"https:\/\/uniquehot.com\/?p=481484"},"modified":"2024-06-11T14:10:44","modified_gmt":"2024-06-11T14:10:44","slug":"ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ta-ethereum-topside-bias-vulnerable-if-it-continues-to-struggle-below-3-2k\/","title":{"rendered":"TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K"},"content":{"rendered":"

Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000.<\/em><\/p>\n

\n
Ethereum extended decline below the $3,200 and $3,150 support levels.<\/li>\n
The price is trading below $3,200 and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $3,120 and $3,150 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Faces Resistance<\/h2>\n
Ethereum extended decline below the $3,200 support zone<\/a>. ETH even broke the $3,150 support level and settled below the 100 hourly simple moving average.<\/p>\n
There was even a break below the $3,120 level. A low is formed near $3,050 and currently correcting losses. It is now approaching the $3,085 resistance. The stated level is near the 23.6% Fib retracement level of the recent drop from the $3,192 swing high to $3,050 low.<\/p>\n
The first major resistance is near the $3,120 level. There is also a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH\/USD. The trend line is near the 50% Fib retracement level of the recent drop from the $3,192 swing high to $3,050 low.<\/p>\n
$\"Ethereum$ <\/a><\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/pre>\n
If there is an upside break above the trend line, the price could rise towards the $3,200 resistance zone. The next major resistance is near the $3,225 level, above which ether price could gain bullish momentum<\/a>. In the stated case, the price could rise towards $3,350 in the near term.<\/p>\n
More Losses in ETH?<\/h2>\n
If ethereum fails to start a fresh increase above the $3,120 level, it could continue to move down. An initial support on the downside is near the $3,050 level.<\/p>\n
The first key support is now forming near the $3,000 level. A downside break below the $3,000 level might accelerate losses in the near term. The next major support for the bulls may perhaps be near the $2,880 handle. Any more losses may perhaps push the price towards the $2,750 level in the coming days.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is now gaining pace in the bearish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is still well below the 50 level.<\/p>\n
Major Support Level \u2013 $3,050<\/p>\n
Major Resistance Level \u2013 $3,120<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000. Ethereum extended decline below the $3,200 and $3,150 support levels. The price is trading below $3,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,120 and $3,150 resistance levels. Ethereum Price Faces Resistance Ethereum extended decline below the $3,200 support zone. ETH even broke the $3,150 support level and settled below the 100 hourly simple moving average. There was even a break below the $3,120 level. A low is formed near $3,050 and currently correcting losses. It is now approaching the $3,085 resistance. The stated level is near the 23.6% Fib retracement level of the recent drop from the $3,192 swing high to $3,050 low. The first major resistance is near the $3,120 level. There is also a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH\/USD. The trend line is near the 50% Fib retracement level of the recent drop from the $3,192 swing high to $3,050 low. Source: ETHUSD on TradingView.com If there is an upside break above the trend line, the price could rise towards the $3,200 resistance zone. The next major resistance is near the $3,225 level, above which ether price could gain bullish momentum. In the stated case, the price could rise towards $3,350 in the near term. More Losses in ETH? If ethereum fails to start a fresh increase above the $3,120 level, it could continue to move down. An initial support on the downside is near the $3,050 level. The first key support is now forming near the $3,000 level. A downside break below the $3,000 level might accelerate losses in the near term. The next major support for the bulls may perhaps be near the $2,880 handle. Any more losses may perhaps push the price towards the $2,750 level in the coming days. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is now gaining pace in the bearish zone. Hourly RSI – The RSI for ETH\/USD is still well below the 50 level. Major Support Level \u2013 $3,050 Major Resistance Level \u2013 $3,120<\/p>\n","protected":false},"author":67,"featured_media":459399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[1946,8686,78803],"class_list":["post-481484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nTA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K<\/title>\n<meta name=\"description\" content=\"Ethereum extended decline below the $3,200 support zone against the US Dollar. 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