NewsBTC
Dec 17, 2025
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Ethereum Price Consolidates Below $3,000 Amid Bearish Trend

Ethereum price declined below the $3,050 zone and is now trading under $3,000, below the 100-hourly Simple Moving Average.

  • The current price is consolidating after forming a low at $2,875.
  • A bearish trend line has resistance at $3,110 on the ETH/USD hourly chart.
  • Potential resistance levels are identified at $2,975, $3,025, and $3,050.
  • A move above $3,050 could push the price towards $3,110 and possibly $3,200 or $3,250.
  • If unable to clear $3,025, ETH might decline further with support near $2,920, $2,900, and potentially $2,840 or lower.

Technical Indicators:

  • Hourly MACD shows declining momentum in the bearish zone.
  • Hourly RSI is near the neutral 50 level.
  • Major Support Level: $2,920
  • Major Resistance Level: $3,025

Ethereum Price