NewsBTC
Jan 13, 2026
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Ethereum Consolidates Below $3,150 with Potential Upside Breakout

Ethereum Price Analysis

  • Ethereum failed to surpass the $3,160 resistance level and is currently consolidating.
  • ETH is trading below $3,120 and the 100-hourly Simple Moving Average.
  • A bullish trend line provides support at $3,085 on the hourly ETH/USD chart.
  • If Ethereum holds above $3,080, it may attempt to rise again.

Current Market Dynamics

  • After failing to breach $3,150, Ethereum entered a short-term bearish zone.
  • The price has declined from $3,308 to a low of $3,050 before entering consolidation.
  • Bears are active near the $3,150 and $3,180 levels.
  • Immediate resistance is at $3,120, followed by key resistance at $3,180.

Ethereum Price

Potential Movements

  • Breaking above $3,200 could push ETH towards $3,265, potentially reaching up to $3,350.
  • Failure to clear $3,150 may lead to a decline, with key supports at $3,085 and $3,050.
  • A drop below $3,050 could see the price falling to $3,000 or even $2,925.

Technical Indicators

  • The MACD for ETH/USD is losing momentum in the bullish zone.
  • The RSI for ETH/USD is below the 50 mark, indicating potential further downside.
  • Major Support: $3,080
  • Major Resistance: $3,150