Jan 19, 2026
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Ethereum Price Struggles Below $3,250 Amid Bearish Trend
Ethereum Price Analysis
- Ethereum is experiencing a decline, dropping below $3,320 and $3,250, entering a bearish zone.
- The price broke below a bullish trend line at $3,220 and tested the $3,180 level.
- Currently trading under $3,250 and below the 100-hourly Simple Moving Average.
- If maintained above $3,180, Ethereum might start an upward move.
Resistance and Support Levels
- Immediate resistance: $3,230
- Key resistances: $3,250 and $3,280
- If surpassing $3,280, potential targets: $3,320 and possibly up to $3,400-$3,450.
- Initial support: $3,200
- Major support: $3,180
- If falling below $3,180, further declines could reach $3,120 or $3,050, with main support at $3,000.
Technical Indicators
- Hourly MACD: Losing momentum in the bearish zone.
- Hourly RSI: Below 50, indicating bearish conditions.
