Ethereum corrects below $2,120, threatens $2,030 support

min

Ethereum hits $2,200, then pulls back. Price holds above $2,065; $2,030 trendline is key.

Ethereum broke $2,150 and tapped $2,200 before a correction, per NewsBTC. The move tracked Bitcoin strength noted by NewsBTC.

Ethereum price chart

Price trades above $2,065 and the 100-hour SMA. A bullish trendline supports $2,030 on ETH/USD.

Upside levels:
- $2,100 initial resistance
- $2,135 and $2,150 key caps
- Break above $2,150 reopens $2,200
- Above $2,200 targets $2,250 and $2,320

Downside risk:
- Rejection at $2,135 can trigger a fresh drop
- Supports at $2,065 and $2,030
- Below $2,030 exposes $2,000, then $1,965
- Main support sits near $1,920

Tech signals:
- Hourly MACD loses bullish momentum
- Hourly RSI slips below 50

Major levels:
- Support $2,030
- Resistance $2,135