Ethereum fails to clear $2,200, tests $2,020 support

Ethereum slips to $2,032 low; $2,135 caps rebound

Ethereum failed at $2,200 and fell. ETH holds above $2,020 after a $2,032 low.

Price stays below $2,120 and the 100‑hour SMA. Bears defend a trend line at $2,135.

A break over $2,135 targets $2,200. Above $2,200, bulls eye $2,245 and $2,320.

Failure at $2,135 risks new lows. Support sits at $2,050 and $2,020. Below $2,020, $1,980 and $1,950 follow. Main support is $1,880.

RSI sits under 50. MACD loses bearish momentum.

• Major resistance: $2,120, $2,135
• Key hurdle: $2,200
• Major support: $2,050, $2,020
• Next supports: $1,980, $1,950, $1,880

Sources:
- NewsBTC ETH analysis
- ETH moved in tandem with Bitcoin during the drop per NewsBTC BTC analysis