Jan 9, 2026
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Ethereum Struggles to Break $3,180 Amidst Bullish Momentum
Ethereum Price Overview
- Ethereum's price is struggling to break the $3,220 resistance and is currently attempting a recovery near the $3,150 level.
- The price dipped below key levels of $3,220 and $3,200, entering a short-term bearish zone.
- A low was recorded at $3,050, and Ethereum is now consolidating losses.
- There was a break above a connecting bearish trend line at $3,100 on the ETH/USD hourly chart.
Resistance and Support Levels
- Immediate resistance is at the $3,150 level, with major resistance at $3,180 and $3,210.
- If Ethereum clears these resistances, it could aim for the $3,250 and potentially $3,320 resistance zones.
- On the downside, initial support lies at $3,080, with major support at $3,050.
- A break below the $3,050 support might lead to further declines towards $3,020 or even $3,000.
Technical Indicators
- Hourly MACD: Gaining momentum in the bullish zone.
- Hourly RSI: Currently below the 50 level, indicating potential bearish pressure.
- Major Support Level: $3,050
- Major Resistance Level: $3,180
