NewsBTC
Jan 21, 2026
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Ethereum Price Falls Below $3,000, Risks Further Declines

Ethereum Price Analysis

  • Ethereum (ETH) experienced a decline from $3,200 and is consolidating below $3,000.
  • The price is trading under the 100-hourly Simple Moving Average, with resistance at $3,020.
  • A bearish trend line forms, indicating potential further declines if ETH falls below $2,880.
  • Current support levels are at $2,920 and $2,880, while resistance levels are at $3,020 and $3,120.
  • If ETH breaks above $3,150, it could rise towards the $3,220–$3,300 zone.
  • The MACD indicates bearish momentum, and the RSI is below 50.

Ethereum Price

Investors should monitor the $2,880 support level closely, as a breach may lead to further declines to $2,800 or even $2,750. Conversely, overcoming the $3,150 resistance might initiate a bullish trend.